CVD Equipment Corp. (CVV) Director Bruce T. Swan Sells 3,171 Shares
CVD Equipment Corp. (NASDAQ:CVV) Director Bruce T. Swan sold 3,171 shares of the company’s stock in a transaction dated Friday, November 25th. The shares were sold at an average price of $7.85, for a total transaction of $24,892.35. Following the sale, the director now owns 6,200 shares in the company, valued at $48,670. The sale was disclosed in a filing with the SEC, which is available at this link.
CVD Equipment Corp. (NASDAQ:CVV) traded up 0.52% during mid-day trading on Tuesday, reaching $7.77. 9,952 shares of the company were exchanged. The company’s market capitalization is $49.14 million. CVD Equipment Corp. has a 1-year low of $6.25 and a 1-year high of $11.70. The company has a 50 day moving average of $8.22 and a 200-day moving average of $8.21.
CVD Equipment Corp. (NASDAQ:CVV) last released its quarterly earnings results on Monday, November 14th. The company reported ($0.01) EPS for the quarter. The firm had revenue of $4.80 million for the quarter, compared to analyst estimates of $9 million. CVD Equipment Corp. had a negative net margin of 2.42% and a negative return on equity of 1.59%. On average, equities research analysts forecast that CVD Equipment Corp. will post $0.41 EPS for the current year.
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Separately, TheStreet lowered shares of CVD Equipment Corp. from a “hold” rating to a “sell” rating in a research report on Tuesday, November 8th.
CVD Equipment Corp. Company Profile
CVD Equipment Corporation designs and manufactures equipment and process solutions used to develop and manufacture materials and coatings for research and industrial applications. The Company operates through two divisions: CVD/First Nano and Stainless Design Concepts (SDC). The Company’s CVD/First Nano division supplies chemical vapor deposition systems for use in the research, development and manufacturing of aerospace and medical components, semiconductors, light emitting diodes (LEDs), carbon nanotubes, nanowires, solar cells and a number of other industrial applications.
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