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

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

CVD Equipment Stock Performance

Shares of CVV stock opened at $3.20 on Wednesday. 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 company’s fifty day moving average price is $3.18 and its two-hundred day moving average price is $3.76. The firm has a market capitalization of $22.02 million, a P/E ratio of -4.16 and a beta of 1.39. CVD Equipment has a 12 month low of $2.74 and a 12 month high of $6.35.

CVD Equipment (NASDAQ:CVV) last released its quarterly earnings results on Tuesday, August 13th. The industrial products company reported ($0.11) EPS for the quarter. CVD Equipment had a negative return on equity of 20.25% and a negative net margin of 24.34%. The business had revenue of $6.35 million during the quarter.

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.