StockNews.com Initiates Coverage on CVD Equipment (NASDAQ:CVV)

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

CVD Equipment Stock Performance

Shares of CVV opened at $4.55 on Tuesday. The firm has a market cap of $31.03 million, a P/E ratio of -5.55 and a beta of 1.36. CVD Equipment has a twelve month low of $3.93 and a twelve month high of $8.76. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.81 and a current ratio of 2.29. The firm’s 50 day moving average price is $4.80 and its two-hundred day moving average price is $4.85.

CVD Equipment (NASDAQ:CVV) last issued its quarterly earnings data on Thursday, March 28th. The industrial products company reported ($0.33) EPS for the quarter. The company had revenue of $4.11 million for the quarter. CVD Equipment had a negative return on equity of 19.65% and a negative net margin of 27.60%.

Institutional Inflows and Outflows

An institutional investor recently raised its position in CVD Equipment stock. AMH Equity Ltd grew its position in shares of CVD Equipment Co. (NASDAQ:CVV) by 7.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 660,000 shares of the industrial products company’s stock after acquiring an additional 47,000 shares during the quarter. CVD Equipment accounts for 2.6% of AMH Equity Ltd’s holdings, making the stock its 11th biggest position. AMH Equity Ltd owned approximately 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.

About CVD Equipment

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.