StockNews.com Initiates Coverage on Chicago Rivet & Machine (NYSEAMERICAN:CVR)

Investment analysts at StockNews.com started coverage on shares of Chicago Rivet & Machine (NYSEAMERICAN:CVR) in a report issued on Monday. The brokerage set a “sell” rating on the stock.

Chicago Rivet & Machine Trading Down 1.1 %

NYSEAMERICAN:CVR opened at $15.70 on Monday. Chicago Rivet & Machine has a 12-month low of $13.81 and a 12-month high of $22.27.

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.