CVD Equipment (NASDAQ:CVV) Earns Hold Rating from Analysts at StockNews.com

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

CVD Equipment Stock Performance

Shares of NASDAQ CVV opened at $4.47 on Friday. The company has a 50 day simple moving average of $4.87 and a two-hundred day simple moving average of $5.07. The stock has a market cap of $30.49 million, a price-to-earnings ratio of -7.33 and a beta of 1.34. The company has a current ratio of 2.67, a quick ratio of 2.15 and a debt-to-equity ratio of 0.01. CVD Equipment has a 12 month low of $3.93 and a 12 month high of $11.70.

CVD Equipment (NASDAQ:CVV) last posted its earnings results on Thursday, March 28th. The industrial products company reported ($0.33) earnings per share (EPS) for the quarter. The business had revenue of $4.11 million for the quarter. CVD Equipment had a negative net margin of 17.34% and a negative return on equity of 13.77%.

Institutional Investors Weigh In On CVD Equipment

A hedge fund recently raised its stake in CVD Equipment stock. AMH Equity Ltd increased its position in shares of CVD Equipment Co. (NASDAQ:CVV) by 7.7% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 660,000 shares of the industrial products company’s stock after buying an additional 47,000 shares during the period. CVD Equipment accounts for 2.6% of AMH Equity Ltd’s holdings, making the stock its 11th biggest position. AMH Equity Ltd owned about 9.68% of CVD Equipment worth $2,924,000 at the end of the most recent reporting period. 31.59% of the stock is currently owned by institutional investors.

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.