StockNews.com Begins Coverage on CVD Equipment (NASDAQ:CVV)

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

CVD Equipment Stock Down 1.4 %

CVV stock opened at $2.92 on Monday. The company has a current ratio of 2.39, a quick ratio of 1.88 and a debt-to-equity ratio of 0.01. The company’s 50-day moving average price is $3.37 and its 200 day moving average price is $3.89. CVD Equipment has a 52 week low of $2.90 and a 52 week high of $6.35. The company has a market cap of $20.10 million, a P/E ratio of -3.79 and a beta of 1.38.

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

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.