CVD Equipment (NASDAQ:CVV) Lowered to “Sell” Rating by Wall Street Zen

Wall Street Zen downgraded shares of CVD Equipment (NASDAQ:CVV) from a hold rating to a sell rating in a research note issued to investors on Saturday.

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of CVD Equipment in a report on Wednesday, January 21st. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company currently has a consensus rating of “Sell”.

CVD Equipment Price Performance

Shares of CVD Equipment stock opened at $4.28 on Friday. The company has a market cap of $29.70 million, a P/E ratio of -19.45 and a beta of 0.95. The firm’s 50 day moving average price is $4.24 and its 200-day moving average price is $3.81. CVD Equipment has a 52-week low of $2.46 and a 52-week high of $6.25.

CVD Equipment (NASDAQ:CVV) last released its quarterly earnings results on Monday, March 30th. The industrial products company reported ($0.18) earnings per share (EPS) for the quarter. CVD Equipment had a negative return on equity of 5.54% and a negative net margin of 6.18%.The firm had revenue of $4.95 million during the quarter.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of CVV. DRW Securities LLC purchased a new position in shares of CVD Equipment in the 4th quarter valued at about $45,000. Citadel Advisors LLC increased its holdings in CVD Equipment by 93.6% in the 3rd quarter. Citadel Advisors LLC now owns 41,382 shares of the industrial products company’s stock worth $139,000 after acquiring an additional 20,011 shares in the last quarter. Finally, Dimensional Fund Advisors LP grew its position in shares of CVD Equipment by 5.2% in the third quarter. Dimensional Fund Advisors LP now owns 71,689 shares of the industrial products company’s stock valued at $241,000 after purchasing an additional 3,556 shares during the period. Institutional investors and hedge funds own 31.59% of the company’s stock.

About CVD Equipment

CVD Equipment Corporation (NASDAQ: CVV) designs, manufactures and markets custom vacuum deposition systems used to create thin-film coatings and advanced materials for semiconductor, optoelectronic and related industries. Established in 1992 and headquartered in the United States, the company leverages proprietary chemical vapor deposition (CVD), plasma-enhanced CVD, metal-organic CVD (MOCVD), atomic layer deposition (ALD) and physical vapor deposition (PVD) technologies to support both research and production applications.

The company’s product portfolio includes single- and multi-chamber reactors for the deposition of silicon, III-V compounds, metal oxides and other specialty materials, along with fluid-bed reactors for nanoparticle synthesis.