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

by · The Markets Daily

StockNews.com began coverage on shares of CVD Equipment (NASDAQ:CVV – Free Report) in a research report sent to investors on Friday. The brokerage issued a hold rating on the industrial products company’s stock.

CVD Equipment Stock Performance

Shares of CVV opened at $3.34 on Friday. The stock has a 50-day simple moving average of $3.53 and a 200-day simple moving average of $4.12. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.88 and a current ratio of 2.39. CVD Equipment has a 1 year low of $3.00 and a 1 year high of $7.14. The stock has a market capitalization of $22.80 million, a PE ratio of -4.07 and a beta of 1.38.

CVD Equipment (NASDAQ:CVV – Get Free Report) last posted its earnings results on Tuesday, August 13th. The industrial products company reported ($0.11) EPS for the quarter. CVD Equipment had a negative net margin of 24.34% and a negative return on equity of 20.25%. The business had revenue of $6.35 million during the quarter.

CVD Equipment Company Profile

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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.

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