Chicago Rivet & Machine (NYSEAMERICAN:CVR) Stock Price Down 2% – Here’s What Happened

Chicago Rivet & Machine Co. (NYSEAMERICAN:CVR – Get Free Report)’s share price was down 2% on Monday. The company traded as low as $10.15 and last traded at $10.98. Approximately 3,779 shares were traded during trading, an increase of 70% from the average session volume of 2,217 shares. The stock had previously closed at $11.20.

Chicago Rivet & Machine Stock Performance

The firm has a market capitalization of $10.94 million, a PE ratio of -4.16 and a beta of 0.30. The company’s 50 day simple moving average is $10.37 and its 200-day simple moving average is $10.35.

About Chicago Rivet & Machine

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Chicago Rivet & Machine Company is a manufacturer of industrial fastening products and assembly equipment. The company produces rivets and other cold-formed metal components used to join or secure parts in manufactured products.

Its product portfolio includes solid, semi-tubular and tubular rivets, along with related fasteners and specialty components. Chicago Rivet also manufactures automatic riveting and assembly machines, tooling and associated equipment designed for high-volume production applications.

The company serves customers in markets such as automotive, electrical, electronics, appliance and general industrial manufacturing.

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