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

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

CVD Equipment Stock Performance

Shares of CVV opened at $3.78 on Thursday. The company has a market cap of $26.01 million, a price-to-earnings ratio of -6.00 and a beta of 1.33. The business’s fifty day simple moving average is $3.63 and its two-hundred day simple moving average is $3.55. CVD Equipment has a 12 month low of $2.70 and a 12 month high of $6.35. The company has a current ratio of 2.99, a quick ratio of 2.60 and a debt-to-equity ratio of 0.01.

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.