CVD Equipment (NASDAQ:CVV) Earns Hold Rating from Analysts at StockNews.com

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

CVD Equipment Trading Down 2.1 %

Shares of CVV opened at $4.72 on Friday. CVD Equipment has a 12-month low of $3.93 and a 12-month high of $11.70. The firm has a market capitalization of $32.19 million, a P/E ratio of -7.74 and a beta of 1.34. The firm has a 50-day moving average price of $4.92 and a 200 day moving average price of $5.18. The company has a current ratio of 2.67, a quick ratio of 2.15 and a debt-to-equity ratio of 0.01.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. AMH Equity Ltd raised its position in CVD Equipment by 7.7% in the fourth quarter. AMH Equity Ltd now owns 660,000 shares of the industrial products company’s stock valued at $2,924,000 after purchasing an additional 47,000 shares during the period. Vanguard Group Inc. lifted its position in CVD Equipment by 10.6% in the fourth quarter. Vanguard Group Inc. now owns 312,230 shares of the industrial products company’s stock valued at $1,383,000 after buying an additional 29,886 shares during the last quarter. Renaissance Technologies LLC boosted its stake in CVD Equipment by 6.9% during the second quarter. Renaissance Technologies LLC now owns 103,582 shares of the industrial products company’s stock worth $763,000 after buying an additional 6,700 shares during the period. Worth Venture Partners LLC lifted its holdings in shares of CVD Equipment by 1.9% in the 2nd quarter. Worth Venture Partners LLC now owns 83,739 shares of the industrial products company’s stock worth $617,000 after acquiring an additional 1,600 shares during the last quarter. Finally, Ameriprise Financial Inc. acquired a new stake in shares of CVD Equipment in the first quarter valued at $1,060,000. 31.59% of the stock is currently owned by institutional investors and hedge funds.

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. It operates through three segments: CVD Equipment, Stainless Design Concepts, and CVD Materials. The company 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; and ultra-high purity gas and chemical delivery control systems, including gas cylinder storage cabinets, custom gas and chemical delivery systems, gas and liquid valve manifold boxes, and gas isolation boxes for semiconductor fabrication processes, aerospace, solar cells, LEDs, carbon nanotubes, nanowires, and industrial applications.