CVD Equipment (NASDAQ:CVV) Research Coverage Started at StockNews.com

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

CVD Equipment Stock Performance

NASDAQ:CVV opened at $3.10 on Monday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.60 and a current ratio of 2.99. CVD Equipment has a fifty-two week low of $2.53 and a fifty-two week high of $5.25. The firm has a market capitalization of $21.33 million, a PE ratio of -4.92 and a beta of 1.06. The stock’s fifty day moving average is $3.13 and its 200 day moving average is $3.35.

CVD Equipment (NASDAQ:CVV) last posted its quarterly earnings results on Wednesday, March 19th. The industrial products company reported $0.02 EPS for the quarter. CVD Equipment had a negative net margin of 18.26% and a negative return on equity of 17.10%. The company had revenue of $7.41 million for the quarter. During the same period in the prior year, the business earned ($0.33) EPS.

Institutional Trading of CVD Equipment

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Quinn Opportunity Partners LLC lifted its stake in CVD Equipment by 24.1% in the 4th quarter. Quinn Opportunity Partners LLC now owns 71,748 shares of the industrial products company’s stock worth $316,000 after purchasing an additional 13,914 shares in the last quarter. AMH Equity Ltd lifted its holdings in CVD Equipment by 2.8% during the 4th quarter. AMH Equity Ltd now owns 665,000 shares of the industrial products company’s stock worth $2,926,000 after buying an additional 18,157 shares in the last quarter. Northern Trust Corp boosted its stake in shares of CVD Equipment by 63.7% in the 4th quarter. Northern Trust Corp now owns 32,514 shares of the industrial products company’s stock valued at $143,000 after buying an additional 12,657 shares during the period. Finally, Renaissance Technologies LLC increased its position in shares of CVD Equipment by 12.7% in the 4th quarter. Renaissance Technologies LLC now owns 139,382 shares of the industrial products company’s stock valued at $613,000 after purchasing an additional 15,700 shares during the last quarter. Hedge funds and other institutional investors own 31.59% of the company’s 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.