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

Equities research analysts at StockNews.com began coverage on shares of CVD Equipment (NASDAQ:CVV) in a report released on Sunday. The firm set a “hold” rating on the industrial products company’s stock.

CVD Equipment Stock Up 1.3 %

Shares of CVV stock opened at $4.51 on Friday. The stock’s 50 day simple moving average is $4.84 and its 200 day simple moving average is $4.97. CVD Equipment has a twelve month low of $3.93 and a twelve month high of $11.14. The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.15 and a current ratio of 2.67. The company has a market capitalization of $30.76 million, a price-to-earnings ratio of -7.39 and a beta of 1.36.

CVD Equipment (NASDAQ:CVV) last released its quarterly earnings results on Thursday, March 28th. The industrial products company reported ($0.33) EPS for the quarter. The firm had revenue of $4.11 million during the quarter. CVD Equipment had a negative net margin of 17.34% and a negative return on equity of 13.77%.

Institutional Trading of CVD Equipment

A hedge fund recently raised its stake in CVD Equipment stock. AMH Equity Ltd lifted its stake in CVD Equipment Co. (NASDAQ:CVV) by 7.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 660,000 shares of the industrial products company’s stock after acquiring an additional 47,000 shares during the period. CVD Equipment makes up 2.6% of AMH Equity Ltd’s portfolio, making the stock its 11th largest holding. AMH Equity Ltd owned approximately 9.68% of CVD Equipment worth $2,924,000 as of its most recent SEC filing. Institutional investors 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.