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

Equities researchers at StockNews.com started coverage on shares of CVD Equipment (NASDAQ:CVV) in a research note issued on Tuesday. The brokerage set a “hold” rating on the industrial products company’s stock.

CVD Equipment Stock Up 5.0 %

Shares of NASDAQ:CVV opened at $4.20 on Tuesday. The stock has a market cap of $28.67 million, a P/E ratio of -5.12 and a beta of 1.38. The firm has a fifty day moving average price of $4.21 and a 200 day moving average price of $4.60. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.29 and a quick ratio of 1.81. CVD Equipment has a 1-year low of $3.68 and a 1-year high of $8.67.

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

Institutional Trading of CVD Equipment

An institutional investor recently raised its position in CVD Equipment stock. AMH Equity Ltd increased its stake in CVD Equipment Co. (NASDAQ:CVV) by 7.7% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor 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 investment portfolio, making the stock its 11th largest position. AMH Equity Ltd owned approximately 9.68% of CVD Equipment worth $2,924,000 as of its most recent filing with the Securities & Exchange Commission. Institutional investors own 31.59% of the company’s stock.

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.