CVD Equipment (NASDAQ:CVV) Receives New Coverage from Analysts at StockNews.com

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

CVD Equipment Trading Up 1.2 %

NASDAQ CVV opened at $4.15 on Friday. The stock has a market cap of $28.30 million, a PE ratio of -5.06 and a beta of 1.37. CVD Equipment has a 12 month low of $3.93 and a 12 month high of $8.76. The company’s 50-day moving average price is $4.60 and its 200-day moving average price is $4.75. The company has a current ratio of 2.29, a quick ratio of 1.81 and a debt-to-equity ratio of 0.01.

CVD Equipment (NASDAQ:CVV) last issued its earnings results on Monday, May 13th. The industrial products company reported ($0.22) EPS for the quarter. CVD Equipment had a negative return on equity of 19.65% and a negative net margin of 27.60%. The company had revenue of $4.92 million for the quarter.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in CVD Equipment stock. AMH Equity Ltd grew its stake in CVD Equipment Co. (NASDAQ:CVV) by 7.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 660,000 shares of the industrial products company’s stock after acquiring an additional 47,000 shares during the quarter. CVD Equipment comprises about 2.6% of AMH Equity Ltd’s portfolio, making the stock its 11th biggest position. AMH Equity Ltd owned approximately 9.68% of CVD Equipment worth $2,924,000 as of its most recent filing with the Securities and Exchange Commission. Institutional investors and hedge funds 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.