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

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

CVD Equipment Stock Up 0.8 %

Shares of NASDAQ:CVV opened at $3.95 on Friday. The company has a market cap of $26.94 million, a price-to-earnings ratio of -4.82 and a beta of 1.37. CVD Equipment has a one year low of $3.81 and a one year high of $8.67. The firm has a fifty day moving average price of $4.45 and a two-hundred day moving average price of $4.71. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.29 and a quick ratio of 1.81.

CVD Equipment (NASDAQ:CVVGet Free Report) last announced its earnings results on Monday, May 13th. The industrial products company reported ($0.22) 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 business had revenue of $4.92 million during the quarter.

Institutional Trading of CVD Equipment

A hedge fund recently raised its stake in CVD Equipment stock. AMH Equity Ltd increased its position in CVD Equipment Co. (NASDAQ:CVVFree Report) by 7.7% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 660,000 shares of the industrial products company’s stock after buying an additional 47,000 shares during the quarter. CVD Equipment accounts for 2.6% of AMH Equity Ltd’s portfolio, making the stock its 11th largest position. AMH Equity Ltd owned about 9.68% of CVD Equipment worth $2,924,000 at the end of the most recent quarter. 31.59% of the stock is currently owned by institutional investors and hedge funds.

CVD Equipment Company Profile

(Get Free Report)

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.

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