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

StockNews.com assumed coverage on shares of CVD Equipment (NASDAQ:CVV) in a research report issued on Tuesday. The brokerage set a “hold” rating on the industrial products company’s stock.

CVD Equipment Trading Up 0.6 %

Shares of CVD Equipment stock opened at $3.41 on Tuesday. CVD Equipment has a 1-year low of $3.25 and a 1-year high of $7.84. The company’s fifty day simple moving average is $3.78 and its 200-day simple moving average is $4.31. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.39 and a quick ratio of 1.88. The stock has a market capitalization of $23.27 million, a PE ratio of -4.16 and a beta of 1.38.

CVD Equipment (NASDAQ:CVV) last posted its quarterly earnings data on Tuesday, August 13th. The industrial products company reported ($0.11) EPS for the quarter. The company 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.