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

StockNews.com assumed coverage on shares of CVD Equipment (NASDAQ:CVV) in a report published on Tuesday morning. The brokerage issued a hold rating on the industrial products company’s stock.

CVD Equipment Stock Performance

Shares of CVV opened at $2.87 on Tuesday. The firm has a market capitalization of $19.75 million, a PE ratio of -3.73 and a beta of 1.39. The company has a quick ratio of 1.88, a current ratio of 2.39 and a debt-to-equity ratio of 0.01. The firm has a 50-day moving average price of $3.24 and a 200 day moving average price of $3.81. CVD Equipment has a 52-week low of $2.78 and a 52-week high of $6.35.

CVD Equipment (NASDAQ:CVV) last posted its quarterly earnings data on Tuesday, August 13th. The industrial products company reported ($0.11) EPS for the quarter. CVD Equipment had a negative return on equity of 20.25% and a negative net margin of 24.34%. The firm had revenue of $6.35 million during the quarter.

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.