CVD Equipment (NASDAQ:CVV) Coverage Initiated by Analysts at StockNews.com

StockNews.com initiated coverage on shares of CVD Equipment (NASDAQ:CVV) in a report released on Sunday. The brokerage set a “hold” rating on the industrial products company’s stock.

CVD Equipment Price Performance

NASDAQ CVV opened at $3.89 on Friday. CVD Equipment has a 52 week low of $3.68 and a 52 week high of $8.67. The firm has a market capitalization of $26.55 million, a P/E ratio of -4.74 and a beta of 1.37. The company has a quick ratio of 1.81, a current ratio of 2.29 and a debt-to-equity ratio of 0.01. The company has a 50-day moving average price of $4.36 and a 200-day moving average price of $4.67.

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

Institutional Investors Weigh In On CVD Equipment

A hedge fund recently raised its stake in CVD Equipment stock. AMH Equity Ltd boosted its holdings in CVD Equipment Co. (NASDAQ:CVV) by 7.7% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 660,000 shares of the industrial products company’s stock after purchasing an additional 47,000 shares during the quarter. CVD Equipment makes up approximately 2.6% of AMH Equity Ltd’s holdings, making the stock its 11th biggest position. AMH Equity Ltd owned 9.68% of CVD Equipment worth $2,924,000 as of its most recent SEC filing. Institutional investors and hedge funds own 31.59% of the company’s stock.

About CVD Equipment

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.