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

StockNews.com started coverage on shares of CVD Equipment (NASDAQ:CVV) in a report issued on Monday. The firm issued a hold rating on the industrial products company’s stock.

CVD Equipment Stock Down 0.3 %

Shares of CVD Equipment stock opened at $3.89 on Monday. The firm has a market cap of $26.57 million, a price-to-earnings ratio of -4.74 and a beta of 1.38. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.29 and a quick ratio of 1.81. CVD Equipment has a 1 year low of $3.68 and a 1 year high of $8.67. The company has a 50-day moving average of $4.25 and a 200 day moving average of $4.61.

CVD Equipment (NASDAQ:CVV) last released its quarterly earnings data on Monday, May 13th. The industrial products company reported ($0.22) earnings per share for the quarter. The firm 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 Trading of CVD Equipment

An institutional investor recently raised its position in CVD Equipment stock. AMH Equity Ltd increased its holdings in CVD Equipment Co. (NASDAQ:CVV) by 7.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 660,000 shares of the industrial products company’s stock after buying an additional 47,000 shares during the quarter. CVD Equipment accounts for about 2.6% of AMH Equity Ltd’s investment portfolio, making the stock its 11th largest 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.

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.