StockNews.com initiated coverage on shares of Chicago Rivet & Machine (NYSEAMERICAN:CVR – Free Report) in a report released on Friday morning. The firm issued a sell rating on the stock.
Chicago Rivet & Machine Stock Performance
Shares of CVR opened at $14.29 on Friday. Chicago Rivet & Machine has a twelve month low of $13.81 and a twelve month high of $26.75. The firm has a market capitalization of $13.86 million, a PE ratio of -3.05 and a beta of 0.14.
Chicago Rivet & Machine (NYSEAMERICAN:CVR – Get Free Report) last posted its earnings results on Friday, May 10th. The company reported ($0.72) EPS for the quarter. The company had revenue of $7.85 million during the quarter. Chicago Rivet & Machine had a negative net margin of 14.75% and a negative return on equity of 16.82%.
Chicago Rivet & Machine Announces Dividend
Institutional Inflows and Outflows
An institutional investor recently bought a new position in Chicago Rivet & Machine stock. Cannell Capital LLC acquired a new position in shares of Chicago Rivet & Machine Co. (NYSEAMERICAN:CVR – Free Report) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 11,486 shares of the company’s stock, valued at approximately $202,000. Cannell Capital LLC owned about 1.18% of Chicago Rivet & Machine as of its most recent filing with the SEC. 19.87% of the stock is currently owned by hedge funds and other institutional investors.
Chicago Rivet & Machine Company Profile
Chicago Rivet & Machine Co operates in the fastener industry in North America. It operates in two segments, Fasteners and Assembly Equipment. The Fastener segment manufactures and sells rivets, cold-formed fasteners and parts, and screw machine products. The Assembly Equipment segment engages in the manufacture and sale of automatic rivet setting machines, as well as parts and tools for related machines.
Further Reading
- Five stocks we like better than Chicago Rivet & Machine
- Learn Technical Analysis Skills to Master the Stock Market
- Don’t Miss These Stock Picks for the Lumber Price Surge
- Dividend Screener: How to Evaluate Dividend Stocks Before Buying
- NVIDIA Stock Defies Skeptics, Earns Analyst Upgrade
- REIT Stocks – Best REIT Stocks to Add to Your Portfolio Today
- 3 Highly Profitable Companies Set for Double-Digit Upside
Receive News & Ratings for Chicago Rivet & Machine Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Chicago Rivet & Machine and related companies with MarketBeat.com's FREE daily email newsletter.