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 released on Sunday morning. The brokerage issued a hold rating on the industrial products company’s stock.

CVD Equipment Stock Performance

Shares of CVV stock opened at $4.72 on Friday. The firm has a market cap of $32.19 million, a PE ratio of -7.74 and a beta of 1.36. CVD Equipment has a 12 month low of $3.93 and a 12 month high of $11.14. The company’s fifty day simple moving average is $4.84 and its 200-day simple moving average is $4.95. The company has a quick ratio of 2.15, a current ratio of 2.67 and a debt-to-equity ratio of 0.01.

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

Institutional Investors Weigh In On CVD Equipment

A hedge fund recently raised its stake in CVD Equipment stock. AMH Equity Ltd raised its position in CVD Equipment Co. (NASDAQ:CVV) by 7.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund 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 about 2.6% of AMH Equity Ltd’s investment portfolio, making the stock its 11th largest holding. AMH Equity Ltd owned 9.68% of CVD Equipment worth $2,924,000 at the end of the most recent reporting period. Institutional investors and hedge funds own 31.59% of the company’s stock.

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.