Chicago Rivet & Machine (NYSEAMERICAN:CVR) Coverage Initiated at StockNews.com

Analysts at StockNews.com began coverage on shares of Chicago Rivet & Machine (NYSEAMERICAN:CVRGet Free Report) in a report issued on Friday. The brokerage set a “sell” rating on the stock.

Chicago Rivet & Machine Stock Performance

CVR opened at $18.02 on Friday. Chicago Rivet & Machine has a 1-year low of $13.81 and a 1-year high of $21.19.

Chicago Rivet & Machine (NYSEAMERICAN:CVRGet Free Report) last posted its quarterly earnings results on Tuesday, August 13th. The company reported $0.15 earnings per share for the quarter. Chicago Rivet & Machine had a negative net margin of 10.00% and a negative return on equity of 11.78%. The firm had revenue of $8.06 million during the quarter.

Chicago Rivet & Machine Company Profile

(Get Free Report)

Chicago Rivet & Machine Co operates in the fastener industry in North America. It operates in two segments, Fasteners and Assembly Equipment. The Fastener segment manufactures and sells rivets, cold-formed fasteners and parts, and screw machine products. The Assembly Equipment segment engages in the manufacture and sale of automatic rivet setting machines, as well as parts and tools for related machines.

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