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

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

CVD Equipment Price Performance

CVD Equipment stock opened at $3.69 on Friday. The company has a current ratio of 2.99, a quick ratio of 2.60 and a debt-to-equity ratio of 0.01. The company has a fifty day simple moving average of $3.81 and a 200-day simple moving average of $3.50. The stock has a market cap of $25.39 million, a P/E ratio of -5.86 and a beta of 1.35. CVD Equipment has a 12-month low of $2.70 and a 12-month high of $6.35.

Institutional Inflows and Outflows

An institutional investor recently raised its position in CVD Equipment stock. AMH Equity Ltd raised its holdings in CVD Equipment Co. (NASDAQ:CVV) by 2.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 665,000 shares of the industrial products company’s stock after purchasing an additional 18,157 shares during the quarter. CVD Equipment comprises approximately 2.9% of AMH Equity Ltd’s portfolio, making the stock its 10th largest holding. AMH Equity Ltd owned about 9.67% of CVD Equipment worth $2,926,000 as of its most recent SEC filing. 31.59% of the stock is currently owned by hedge funds and other institutional investors.

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.