StockNews.com Initiates Coverage on Chicago Rivet & Machine (NYSEAMERICAN:CVR)

Equities research analysts at StockNews.com started coverage on shares of Chicago Rivet & Machine (NYSEAMERICAN:CVRGet Free Report) in a research note issued on Tuesday. The firm set a “sell” rating on the stock.

Chicago Rivet & Machine Price Performance

Shares of CVR stock opened at $19.12 on Tuesday. Chicago Rivet & Machine has a 52-week low of $13.81 and a 52-week high of $21.19.

Chicago Rivet & Machine (NYSEAMERICAN:CVRGet Free Report) last announced its earnings results on Tuesday, August 13th. The company reported $0.15 earnings per share (EPS) for the quarter. The business had revenue of $8.06 million during the quarter. Chicago Rivet & Machine had a negative net margin of 10.00% and a negative return on equity of 11.78%.

Chicago Rivet & Machine Company Profile

(Get Free Report)

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

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