CVD Equipment (NASDAQ:CVV) Now Covered by Analysts at StockNews.com

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

CVD Equipment Stock Performance

NASDAQ:CVV opened at $4.51 on Friday. The company has a market cap of $30.76 million, a price-to-earnings ratio of -7.39 and a beta of 1.36. CVD Equipment has a fifty-two week low of $3.93 and a fifty-two week high of $11.14. The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.15 and a current ratio of 2.67. The stock has a fifty day moving average price of $4.84 and a 200-day moving average price of $4.97.

CVD Equipment (NASDAQ:CVV) last posted its quarterly earnings data on Thursday, March 28th. The industrial products company reported ($0.33) earnings per share for the quarter. CVD Equipment had a negative return on equity of 13.77% and a negative net margin of 17.34%. The firm had revenue of $4.11 million for the quarter.

Hedge Funds Weigh In On CVD Equipment

An institutional investor recently raised its position in CVD Equipment stock. AMH Equity Ltd boosted its position in CVD Equipment Co. (NASDAQ:CVV) by 7.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 660,000 shares of the industrial products company’s stock after buying an additional 47,000 shares during the period. CVD Equipment makes up 2.6% of AMH Equity Ltd’s holdings, making the stock its 11th biggest holding. AMH Equity Ltd owned about 9.68% of CVD Equipment worth $2,924,000 at the end of the most recent quarter. 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 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.