Equities researchers at StockNews.com initiated coverage on shares of Chicago Rivet & Machine (NYSEAMERICAN:CVR – Get Free Report) in a report released on Monday. The brokerage set a “sell” rating on the stock.
Chicago Rivet & Machine Stock Down 3.4 %
Shares of Chicago Rivet & Machine stock opened at $16.68 on Monday. The firm has a market capitalization of $16.18 million, a PE ratio of -3.66 and a beta of 0.13. Chicago Rivet & Machine has a 12 month low of $14.73 and a 12 month high of $28.00.
Chicago Rivet & Machine (NYSEAMERICAN:CVR – Get Free Report) last posted its earnings results on Thursday, March 28th. The company reported ($1.60) earnings per share for the quarter. Chicago Rivet & Machine had a negative net margin of 13.97% and a negative return on equity of 15.66%. The company had revenue of $6.78 million for the quarter.
Institutional Inflows and Outflows
About Chicago Rivet & Machine
Chicago Rivet & Machine Co operates in the fastener industry in North America. It operates in two segments, Fasteners and Assembly Equipment. The Fastener segment manufactures and sells rivets, cold-formed fasteners and parts, and screw machine products. The Assembly Equipment segment engages in the manufacture and sale of automatic rivet setting machines, as well as parts and tools for related machines.
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