Chicago Rivet & Machine (NYSEAMERICAN:CVR) Releases Earnings Results

Chicago Rivet & Machine (NYSEAMERICAN:CVR) issued its earnings results on Friday. The company reported $0.07 earnings per share (EPS) for the quarter, FiscalAI reports. Chicago Rivet & Machine had a negative return on equity of 27.85% and a negative net margin of 22.86%.The business had revenue of $7.36 million during the quarter.

Chicago Rivet & Machine Trading Down 2.2%

Shares of Chicago Rivet & Machine stock traded down $0.20 during trading hours on Friday, hitting $9.00. The company’s stock had a trading volume of 3,989 shares, compared to its average volume of 3,314. The business has a fifty day moving average of $9.89 and a 200 day moving average of $11.27. Chicago Rivet & Machine has a 1-year low of $8.15 and a 1-year high of $20.64. The company has a quick ratio of 3.41, a current ratio of 6.77 and a debt-to-equity ratio of 0.03. The company has a market capitalization of $8.73 million, a PE ratio of -1.48 and a beta of 0.16.

Chicago Rivet & Machine Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 19th. Shareholders of record on Friday, September 5th were paid a dividend of $0.03 per share. This represents a $0.12 annualized dividend and a yield of 1.3%. The ex-dividend date was Friday, September 5th. Chicago Rivet & Machine’s payout ratio is currently -3.27%.

Chicago Rivet & Machine Company Profile

Chicago Rivet & Machine Co engages in the manufacturing and sale of rivets and specialty cold formed parts, as well as automatic rivet setting equipment and automated assembly systems. It operates through the following segments: Fasteners and Assembly Equipment. The Fasteners segment includes rivets, cold-formed fasteners, and parts and screw machine products.