CVD Equipment (NASDAQ:CVV) Coverage Initiated at StockNews.com

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

CVD Equipment Price Performance

NASDAQ:CVV opened at $3.91 on Monday. The company has a quick ratio of 1.81, a current ratio of 2.29 and a debt-to-equity ratio of 0.01. The business’s 50-day simple moving average is $4.28 and its two-hundred day simple moving average is $4.62. The stock has a market cap of $26.71 million, a PE ratio of -4.77 and a beta of 1.38. CVD Equipment has a 52 week low of $3.68 and a 52 week high of $8.67.

CVD Equipment (NASDAQ:CVV) last posted its quarterly earnings results on Monday, May 13th. The industrial products company reported ($0.22) EPS for the quarter. The business had revenue of $4.92 million for the quarter. CVD Equipment had a negative net margin of 27.60% and a negative return on equity of 19.65%.

Institutional Investors Weigh In On CVD Equipment

An institutional investor recently raised its position in CVD Equipment stock. AMH Equity Ltd lifted its position in CVD Equipment Co. (NASDAQ:CVV) by 7.7% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 660,000 shares of the industrial products company’s stock after purchasing an additional 47,000 shares during the quarter. CVD Equipment comprises about 2.6% of AMH Equity Ltd’s investment portfolio, making the stock its 11th biggest position. AMH Equity Ltd owned about 9.68% of CVD Equipment worth $2,924,000 at the end of the most recent reporting period. Institutional investors and hedge funds own 31.59% of the company’s stock.

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.