Chicago Rivet & Machine (NYSEAMERICAN:CVR) Shares Down 1.6% – What’s Next?

Chicago Rivet & Machine Co. (NYSEAMERICAN:CVR)’s stock price traded down 1.6% during trading on Tuesday . The company traded as low as $10.54 and last traded at $10.76. 578 shares were traded during trading, a decline of 85% from the average daily volume of 3,868 shares. The stock had previously closed at $10.93.

Chicago Rivet & Machine Stock Performance

The firm has a market capitalization of $9.97 million, a price-to-earnings ratio of -4.90 and a beta of 0.29. The firm’s 50-day moving average price is $10.46 and its two-hundred day moving average price is $12.21.

Chicago Rivet & Machine (NYSEAMERICAN:CVR) last posted its quarterly earnings results on Friday, May 8th. The company reported ($0.37) earnings per share (EPS) for the quarter. The business had revenue of $6.85 million during the quarter. Chicago Rivet & Machine had a negative return on equity of 10.54% and a negative net margin of 7.15%.

About Chicago Rivet & Machine

Chicago Rivet & Machine Co is a Chicago, Illinois–based manufacturer specializing in the design and production of rivets, fasteners and related metal components. The company’s product portfolio includes solid and blind rivets, threaded inserts, screws, bolts, nuts and washers, engineered to meet the requirements of high-precision industrial applications.

Serving a diverse customer base, Chicago Rivet & Machine brings expertise in material selection and heat-treatment processes to deliver fasteners that meet stringent specifications for strength, corrosion resistance and durability.