CVD Equipment (NASDAQ:CVV) Shares Cross Above 200-Day Moving Average of $3.71

CVD Equipment Co. (NASDAQ:CVV) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $3.71 and traded as high as $3.50. CVD Equipment shares last traded at $3.37, with a volume of 2,506 shares trading hands.

The company has a current ratio of 3.34, a quick ratio of 2.91 and a debt-to-equity ratio of 0.35. The stock’s 50 day simple moving average is $3.59 and its 200 day simple moving average is $3.71.

CVD Equipment (NASDAQ:CVV) last posted its quarterly earnings data on Tuesday, August 13th. The industrial products company reported ($0.21) EPS for the quarter. CVD Equipment had a negative net margin of 46.69% and a negative return on equity of 22.52%. The company had revenue of $4.92 million for the quarter.

About CVD Equipment (NASDAQ:CVV)

CVD Equipment Corporation develops, manufactures, and sells equipment and process solutions used to develop and manufacture materials and coatings for research and industrial applications in the United States and internationally. It operates through two segments, CVD/First Nano and SDC. The company offers chemical vapor deposition systems for use in the research, development, and manufacture of aerospace and medical components, semiconductors, LEDs, carbon nanotubes, nanowires, solar cells, and other industrial applications; and rapid thermal processing systems for use in implant activation, oxidation, silicide formation, and other processes.

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