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

StockNews.com initiated coverage on shares of CVD Equipment (NASDAQ:CVV) in a report published on Wednesday morning. The firm issued a hold rating on the industrial products company’s stock.

CVD Equipment Trading Down 1.8 %

CVD Equipment stock opened at $3.29 on Wednesday. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.39 and a quick ratio of 1.88. The firm has a 50-day moving average of $3.71 and a 200-day moving average of $4.25. The company has a market cap of $22.45 million, a price-to-earnings ratio of -4.01 and a beta of 1.38. CVD Equipment has a one year low of $3.00 and a one year high of $7.29.

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

CVD Equipment Company Profile

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.