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

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

CVD Equipment Price Performance

CVV stock opened at $3.22 on Friday. CVD Equipment has a 1 year low of $3.00 and a 1 year high of $6.88. 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 market capitalization of $21.98 million, a PE ratio of -3.93 and a beta of 1.38. The business has a 50 day simple moving average of $3.44 and a 200-day simple moving average of $3.97.

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