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

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

CVD Equipment Price Performance

CVV stock opened at $4.55 on Tuesday. The firm has a market cap of $31.03 million, a P/E ratio of -5.55 and a beta of 1.36. The firm’s fifty day moving average is $4.80 and its 200 day moving average is $4.85. CVD Equipment has a 52 week low of $3.93 and a 52 week high of $8.76. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.81 and a current ratio of 2.29.

CVD Equipment (NASDAQ:CVV) last announced its quarterly earnings data on Thursday, March 28th. The industrial products company reported ($0.33) earnings per share (EPS) for the quarter. The company had revenue of $4.11 million for the quarter. CVD Equipment had a negative net margin of 27.60% and a negative return on equity of 19.65%.

Institutional Inflows and Outflows

An institutional investor recently raised its position in CVD Equipment stock. AMH Equity Ltd boosted its position in CVD Equipment Co. (NASDAQ:CVV) by 7.7% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 660,000 shares of the industrial products company’s stock after acquiring an additional 47,000 shares during the period. CVD Equipment accounts for 2.6% of AMH Equity Ltd’s investment portfolio, making the stock its 11th biggest position. AMH Equity Ltd owned approximately 9.68% of CVD Equipment worth $2,924,000 at the end of the most recent reporting period. 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.