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

Investment analysts at StockNews.com assumed coverage on shares of CVD Equipment (NASDAQ:CVV) in a note issued to investors on Tuesday. The brokerage set a “hold” rating on the industrial products company’s stock.

CVD Equipment Price Performance

CVV opened at $4.40 on Tuesday. The stock has a market capitalization of $30.28 million, a P/E ratio of -6.98 and a beta of 1.42. The company has a current ratio of 2.99, a quick ratio of 2.60 and a debt-to-equity ratio of 0.01. CVD Equipment has a 12-month low of $2.70 and a 12-month high of $6.35. The stock has a 50-day moving average price of $3.37 and a 200-day moving average price of $3.54.

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.