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

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

CVD Equipment Stock Down 1.3 %

Shares of CVV opened at $3.85 on Friday. 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 has a 12 month low of $3.68 and a 12 month high of $8.67. The stock’s 50 day moving average is $4.34 and its two-hundred day moving average is $4.66. The firm has a market cap of $26.30 million, a P/E ratio of -4.70 and a beta of 1.38.

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

Hedge Funds Weigh In On CVD Equipment

A hedge fund recently raised its stake in CVD Equipment stock. AMH Equity Ltd raised its holdings in CVD Equipment Co. (NASDAQ:CVV) by 7.7% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 660,000 shares of the industrial products company’s stock after purchasing an additional 47,000 shares during the quarter. CVD Equipment accounts for 2.6% of AMH Equity Ltd’s holdings, making the stock its 11th largest holding. AMH Equity Ltd owned 9.68% of CVD Equipment worth $2,924,000 as of its most recent SEC filing. 31.59% of the stock is owned by institutional investors.

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.