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

StockNews.com assumed coverage on shares of CVD Equipment (NASDAQ:CVV) in a research note issued to investors on Thursday. The firm issued a hold rating on the industrial products company’s stock.

CVD Equipment Stock Up 1.8 %

Shares of CVV stock opened at $3.32 on Thursday. The company has a quick ratio of 1.88, a current ratio of 2.39 and a debt-to-equity ratio of 0.01. The stock has a market cap of $22.66 million, a P/E ratio of -4.05 and a beta of 1.38. CVD Equipment has a 52 week low of $3.00 and a 52 week high of $7.14. The company’s fifty day simple moving average is $3.62 and its two-hundred day simple moving average is $4.18.

CVD Equipment (NASDAQ:CVV) last posted its earnings results on Tuesday, August 13th. The industrial products company reported ($0.11) earnings per share 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.