CVD Equipment (NASDAQ:CVV) Earns Hold Rating from Analysts at StockNews.com

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

CVD Equipment Stock Up 5.4 %

CVV stock opened at $3.34 on Friday. The company has a market capitalization of $22.80 million, a P/E ratio of -4.07 and a beta of 1.38. CVD Equipment has a 12 month low of $3.00 and a 12 month high of $7.14. The firm’s fifty day simple moving average is $3.53 and its 200-day simple moving average is $4.12. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.39 and a quick ratio of 1.88.

CVD Equipment (NASDAQ:CVV) last announced its quarterly earnings results on Tuesday, August 13th. The industrial products company reported ($0.11) earnings per share (EPS) for the quarter. The company had revenue of $6.35 million during the quarter. CVD Equipment had a negative net margin of 24.34% and a negative return on equity of 20.25%.

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.