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

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

CVD Equipment Price Performance

CVV stock opened at $3.35 on Wednesday. The stock has a market capitalization of $22.86 million, a price-to-earnings ratio of -4.09 and a beta of 1.38. The company has a quick ratio of 1.88, a current ratio of 2.39 and a debt-to-equity ratio of 0.01. CVD Equipment has a 52-week low of $3.00 and a 52-week high of $7.29. The stock’s fifty day simple moving average is $3.72 and its 200-day simple moving average is $4.25.

CVD Equipment (NASDAQ:CVV) last issued its quarterly earnings results on Tuesday, August 13th. The industrial products company reported ($0.11) earnings per share (EPS) for the quarter. CVD Equipment had a negative return on equity of 20.25% and a negative net margin of 24.34%. The business had revenue of $6.35 million during the quarter.

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.