CVD Equipment (NASDAQ:CVV) Now Covered by StockNews.com

Research analysts at StockNews.com initiated coverage on shares of CVD Equipment (NASDAQ:CVV) in a report released on Sunday. The brokerage set a “hold” rating on the industrial products company’s stock.

CVD Equipment Stock Performance

Shares of CVV stock opened at $3.90 on Friday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.81 and a current ratio of 2.29. CVD Equipment has a fifty-two week low of $3.68 and a fifty-two week high of $8.67. The stock has a 50 day moving average price of $4.35 and a two-hundred day moving average price of $4.66. The company has a market capitalization of $26.64 million, a P/E ratio of -4.76 and a beta of 1.38.

CVD Equipment (NASDAQ:CVV) last announced its quarterly earnings data on Monday, May 13th. The industrial products company reported ($0.22) earnings per share for the quarter. CVD Equipment had a negative net margin of 27.60% and a negative return on equity of 19.65%. The company had revenue of $4.92 million during the quarter.

Hedge Funds Weigh In On CVD Equipment

A hedge fund recently raised its stake in CVD Equipment stock. AMH Equity Ltd lifted its holdings in shares of CVD Equipment Co. (NASDAQ:CVV) by 7.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 660,000 shares of the industrial products company’s stock after acquiring an additional 47,000 shares during the quarter. CVD Equipment makes up 2.6% of AMH Equity Ltd’s portfolio, making the stock its 11th biggest position. AMH Equity Ltd owned 9.68% of CVD Equipment worth $2,924,000 as of its most recent SEC filing. 31.59% of the stock is currently owned by institutional investors and hedge funds.

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.