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

StockNews.com assumed coverage on shares of CVD Equipment (NASDAQ:CVV) in a research report report published on Thursday morning. The brokerage issued a hold rating on the industrial products company’s stock.

CVD Equipment Stock Up 0.5 %

CVV stock opened at $3.84 on Thursday. CVD Equipment has a twelve month low of $3.67 and a twelve month high of $7.98. The company has a quick ratio of 1.81, a current ratio of 2.29 and a debt-to-equity ratio of 0.01. The firm has a market cap of $26.23 million, a PE ratio of -4.68 and a beta of 1.38. The business has a 50 day moving average of $4.06 and a 200 day moving average of $4.54.

CVD Equipment (NASDAQ:CVV) last posted 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 for the quarter.

Institutional Inflows and Outflows

An institutional investor recently raised its position in CVD Equipment stock. AMH Equity Ltd grew its holdings in CVD Equipment Co. (NASDAQ:CVV) by 7.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 660,000 shares of the industrial products company’s stock after purchasing an additional 47,000 shares during the period. CVD Equipment comprises about 2.6% of AMH Equity Ltd’s investment portfolio, making the stock its 11th biggest holding. AMH Equity Ltd owned 9.68% of CVD Equipment worth $2,924,000 at the end of the most recent quarter. 31.59% of the stock is owned by hedge funds and other institutional investors.

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.