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

Equities researchers at StockNews.com started coverage on shares of CVD Equipment (NASDAQ:CVV) in a research note issued on Monday. The brokerage set a “hold” rating on the industrial products company’s stock.

CVD Equipment Trading Up 6.0 %

Shares of CVV stock opened at $4.05 on Monday. CVD Equipment has a fifty-two week low of $2.70 and a fifty-two week high of $6.35. The company has a market cap of $27.87 million, a P/E ratio of -6.43 and a beta of 1.42. The stock has a 50 day simple moving average of $3.26 and a two-hundred day simple moving average of $3.54. The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.60 and a current ratio of 2.99.

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.