StockNews.com Begins Coverage on Chicago Rivet & Machine (NYSEAMERICAN:CVR)

Stock analysts at StockNews.com initiated coverage on shares of Chicago Rivet & Machine (NYSEAMERICAN:CVR) in a research note issued on Monday. The firm set a “sell” rating on the stock.

Chicago Rivet & Machine Stock Performance

CVR opened at $9.96 on Monday. Chicago Rivet & Machine has a fifty-two week low of $9.72 and a fifty-two week high of $22.27. The stock has a market cap of $9.66 million, a P/E ratio of -2.71 and a beta of 0.16.

About Chicago Rivet & Machine

Chicago Rivet & Machine Co engages in the manufacturing and sale of rivets and specialty cold formed parts, as well as automatic rivet setting equipment and automated assembly systems. It operates through the following segments: Fasteners and Assembly Equipment. The Fasteners segment includes rivets, cold-formed fasteners, and parts and screw machine products.