CVD Equipment (NASDAQ:CVV) Now Covered by Analysts at StockNews.com

Equities researchers at StockNews.com assumed coverage on shares of CVD Equipment (NASDAQ:CVVGet Rating) in a report released on Monday. The brokerage set a “sell” rating on the industrial products company’s stock.

CVD Equipment Trading Up 3.4 %

Shares of CVD Equipment stock opened at $5.40 on Monday. The company’s fifty day moving average is $5.39 and its two-hundred day moving average is $4.86. The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.97 and a current ratio of 3.72. The company has a market capitalization of $36.34 million, a P/E ratio of -12.27 and a beta of 1.31. CVD Equipment has a 1 year low of $3.68 and a 1 year high of $6.58.

Insider Buying and Selling at CVD Equipment

In other CVD Equipment news, major shareholder Andrew Africk purchased 21,948 shares of CVD Equipment stock in a transaction on Thursday, October 27th. The shares were bought at an average price of $5.81 per share, with a total value of $127,517.88. Following the purchase, the insider now directly owns 721,786 shares in the company, valued at approximately $4,193,576.66. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink. 7.50% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. Dimensional Fund Advisors LP raised its position in shares of CVD Equipment by 25.1% during the 3rd quarter. Dimensional Fund Advisors LP now owns 54,142 shares of the industrial products company’s stock worth $282,000 after purchasing an additional 10,865 shares during the period. State Street Corp grew its holdings in CVD Equipment by 33.9% during the third quarter. State Street Corp now owns 18,546 shares of the industrial products company’s stock worth $96,000 after acquiring an additional 4,700 shares during the period. Finally, Shufro Rose & Co. LLC acquired a new position in CVD Equipment in the first quarter worth approximately $61,000. 28.28% of the stock is currently owned by hedge funds and other institutional investors.

CVD Equipment Company Profile

(Get Rating)

CVD Equipment Corporation, together with its subsidiaries, designs, develops, manufactures, and sells process equipment and solutions that are used to develop and manufacture materials and coatings for research and industrial applications in the United States. It operates through three segments: CVD, SDC, and CVD Materials.

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