CVD Equipment (NASDAQ:CVV) Earns Hold Rating from Analysts at StockNews.com

StockNews.com began coverage on shares of CVD Equipment (NASDAQ:CVV) in a research note issued to investors on Monday morning. The brokerage issued a hold rating on the industrial products company’s stock.

CVD Equipment Stock Down 0.3 %

CVV opened at $3.90 on Monday. The company has a fifty day moving average price of $4.27 and a 200-day moving average price of $4.62. CVD Equipment has a one year low of $3.68 and a one year high of $8.67. The firm has a market capitalization of $26.64 million, a P/E ratio of -4.76 and a beta of 1.38. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.29 and a quick ratio of 1.81.

CVD Equipment (NASDAQ:CVV) last announced its quarterly earnings data on Monday, May 13th. The industrial products company reported ($0.22) earnings per share for the quarter. CVD Equipment had a negative net margin of 27.60% and a negative return on equity of 19.65%. The firm had revenue of $4.92 million for the quarter.

Institutional Investors Weigh In On CVD Equipment

A hedge fund recently raised its stake in CVD Equipment stock. AMH Equity Ltd grew its stake in shares of CVD Equipment Co. (NASDAQ:CVV) by 7.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 660,000 shares of the industrial products company’s stock after acquiring an additional 47,000 shares during the quarter. CVD Equipment comprises about 2.6% of AMH Equity Ltd’s investment portfolio, making the stock its 11th biggest holding. AMH Equity Ltd owned 9.68% of CVD Equipment worth $2,924,000 as of its most recent filing with the Securities & Exchange Commission. Hedge funds and other institutional investors own 31.59% of the company’s stock.

About CVD Equipment

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.