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

StockNews.com began coverage on shares of CVD Equipment (NASDAQ:CVV) in a research note published on Tuesday morning. The brokerage issued a hold rating on the industrial products company’s stock.

CVD Equipment Stock Performance

NASDAQ CVV opened at $2.90 on Tuesday. The firm has a market cap of $19.95 million, a price-to-earnings ratio of -3.77 and a beta of 1.39. The company has a quick ratio of 1.88, a current ratio of 2.39 and a debt-to-equity ratio of 0.01. The business has a 50-day moving average price of $3.29 and a 200-day moving average price of $3.83. CVD Equipment has a twelve month low of $2.90 and a twelve month high of $6.35.

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. The business had revenue of $6.35 million during the quarter. CVD Equipment had a negative return on equity of 20.25% and a negative net margin of 24.34%.

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.