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

StockNews.com began coverage on shares of CVD Equipment (NASDAQ:CVV) in a report published on Friday morning. The brokerage issued a hold rating on the industrial products company’s stock.

CVD Equipment Price Performance

CVD Equipment stock opened at $3.19 on Friday. The firm’s 50-day moving average is $3.12 and its two-hundred day moving average is $3.64. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.99 and a quick ratio of 2.60. The stock has a market capitalization of $21.95 million, a P/E ratio of -5.06 and a beta of 1.39. CVD Equipment has a 12-month low of $2.70 and a 12-month high of $6.35.

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.