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

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

CVD Equipment Stock Up 0.4 %

NASDAQ CVV opened at $4.64 on Tuesday. The stock has a market cap of $31.64 million, a PE ratio of -5.66 and a beta of 1.36. The business has a 50 day moving average price of $4.80 and a two-hundred day moving average price of $4.84. The company has a quick ratio of 1.81, a current ratio of 2.29 and a debt-to-equity ratio of 0.01. CVD Equipment has a fifty-two week low of $3.93 and a fifty-two week high of $8.76.

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

Hedge Funds Weigh In On CVD Equipment

An institutional investor recently raised its position in CVD Equipment stock. AMH Equity Ltd grew its holdings in shares of CVD Equipment Co. (NASDAQ:CVV) by 7.7% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 660,000 shares of the industrial products company’s stock after acquiring an additional 47,000 shares during the quarter. CVD Equipment comprises approximately 2.6% of AMH Equity Ltd’s holdings, making the stock its 11th largest position. AMH Equity Ltd owned approximately 9.68% of CVD Equipment worth $2,924,000 as of its most recent SEC filing. 31.59% of the stock is owned by institutional investors.

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.