CVD Equipment (CVV) Set to Announce Earnings on Wednesday

CVD Equipment (NASDAQ:CVV) is scheduled to announce its earnings results after the market closes on Wednesday, November 13th.

CVD Equipment (NASDAQ:CVV) last released 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 Stock Up 0.3 %

Shares of NASDAQ CVV opened at $2.88 on Thursday. CVD Equipment has a 12 month low of $2.78 and a 12 month high of $6.35. The company has a current ratio of 2.39, a quick ratio of 1.88 and a debt-to-equity ratio of 0.01. The firm has a fifty day simple moving average of $3.28 and a two-hundred day simple moving average of $3.82. The firm has a market capitalization of $19.81 million, a PE ratio of -3.78 and a beta of 1.39.

Wall Street Analysts Forecast Growth

Separately, StockNews.com started coverage on shares of CVD Equipment in a report on Tuesday. They issued a “hold” rating on the stock.

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.