CVD Equipment (NASDAQ:CVV) Coverage Initiated at StockNews.com

Stock analysts at StockNews.com began coverage on shares of CVD Equipment (NASDAQ:CVV) in a report released on Thursday. The brokerage set a “hold” rating on the industrial products company’s stock.

CVD Equipment Stock Up 1.6 %

CVD Equipment stock opened at $3.11 on Thursday. The company has a market capitalization of $21.40 million, a P/E ratio of -4.94 and a beta of 1.39. The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.60 and a current ratio of 2.99. CVD Equipment has a fifty-two week low of $2.70 and a fifty-two week high of $6.35. The stock has a 50-day simple moving average of $3.15 and a 200-day simple moving average of $3.72.

CVD Equipment Company Profile

CVD Equipment Corporation, together with its subsidiaries, designs, develops, manufactures, and sells equipment to develop and manufacture materials and coatings in the United States and internationally. It operates through three segments: CVD Equipment, Stainless Design Concepts, and CVD Materials. The CVD Equipment segment offers chemical vapor deposition, physical vapor transport, and thermal process equipment under the FirstNano brand for various markets, such as high power electronics, aerospace advanced materials for gas turbine jet engines, and nanomaterials used in batteries, as well as semiconductors, LEDs, carbon nanotubes, nanowires, solar cells, and other industrial and research applications.