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

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

CVD Equipment Trading Up 1.3 %

CVV opened at $3.04 on Thursday. 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 company’s 50 day simple moving average is $3.55 and its two-hundred day simple moving average is $3.43. CVD Equipment has a 1-year low of $2.70 and a 1-year high of $6.35. The firm has a market capitalization of $20.92 million, a price-to-earnings ratio of -4.83 and a beta of 1.33.

Institutional Trading of CVD Equipment

A number of hedge funds and other institutional investors have recently made changes to their positions in CVV. Northern Trust Corp increased its holdings in CVD Equipment by 63.7% in the 4th quarter. Northern Trust Corp now owns 32,514 shares of the industrial products company’s stock valued at $143,000 after purchasing an additional 12,657 shares during the last quarter. Quinn Opportunity Partners LLC increased its holdings in CVD Equipment by 24.1% in the 4th quarter. Quinn Opportunity Partners LLC now owns 71,748 shares of the industrial products company’s stock valued at $316,000 after purchasing an additional 13,914 shares during the last quarter. Renaissance Technologies LLC increased its holdings in CVD Equipment by 12.7% in the 4th quarter. Renaissance Technologies LLC now owns 139,382 shares of the industrial products company’s stock valued at $613,000 after purchasing an additional 15,700 shares during the last quarter. Finally, AMH Equity Ltd increased its holdings in CVD Equipment by 2.8% in the 4th quarter. AMH Equity Ltd now owns 665,000 shares of the industrial products company’s stock valued at $2,926,000 after purchasing an additional 18,157 shares during the last quarter. Institutional investors and hedge funds own 31.59% of the company’s stock.

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.