Investment analysts at StockNews.com initiated coverage on shares of Chicago Rivet & Machine (NYSEAMERICAN:CVR – Get Free Report) in a research report issued on Saturday. The brokerage set a “sell” rating on the stock.
Chicago Rivet & Machine Stock Up 9.6 %
CVR opened at $19.18 on Friday. Chicago Rivet & Machine has a 1-year low of $13.81 and a 1-year high of $21.19.
Chicago Rivet & Machine (NYSEAMERICAN:CVR – Get Free Report) last posted its quarterly earnings results on Tuesday, August 13th. The company reported $0.15 earnings per share for the quarter. The business had revenue of $8.06 million during the quarter. Chicago Rivet & Machine had a negative net margin of 10.00% and a negative return on equity of 11.78%.
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.
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