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

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

CVD Equipment Price Performance

CVV opened at $3.20 on Wednesday. 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 company’s 50-day moving average price is $3.18 and its 200 day moving average price is $3.76. CVD Equipment has a fifty-two week low of $2.74 and a fifty-two week high of $6.35. The firm has a market cap of $22.02 million, a price-to-earnings ratio of -4.16 and a beta of 1.39.

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

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.