CVD Equipment (NASDAQ:CVV) Now Covered by StockNews.com

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

CVD Equipment Trading Up 0.5 %

NASDAQ:CVV opened at $3.67 on Friday. The stock has a market cap of $25.05 million, a price-to-earnings ratio of -4.48 and a beta of 1.38. CVD Equipment has a one year low of $3.46 and a one year high of $7.98. 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 business’s 50-day simple moving average is $3.89 and its 200 day simple moving average is $4.45.

Institutional Investors Weigh In On CVD Equipment

A hedge fund recently raised its stake in CVD Equipment stock. AMH Equity Ltd boosted its holdings in CVD Equipment Co. (NASDAQ:CVV) by 7.7% during the fourth quarter, according to its most recent Form 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 period. CVD Equipment comprises about 2.6% of AMH Equity Ltd’s investment portfolio, making the stock its 11th biggest holding. AMH Equity Ltd owned about 9.68% of CVD Equipment worth $2,924,000 as of its most recent filing with the Securities & Exchange Commission. Hedge funds and other institutional investors own 31.59% of the company’s stock.

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.