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

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

CVD Equipment Stock Down 7.0 %

Shares of CVV opened at $4.11 on Wednesday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.60 and a current ratio of 2.99. The company has a 50-day simple moving average of $3.53 and a 200-day simple moving average of $3.56. CVD Equipment has a 52 week low of $2.70 and a 52 week high of $6.35. The firm has a market capitalization of $28.29 million, a P/E ratio of -6.52 and a beta of 1.33.

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.