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

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

CVD Equipment Stock Performance

Shares of CVV opened at $3.07 on Friday. CVD Equipment has a 52 week low of $2.70 and a 52 week high of $6.35. The company has a quick ratio of 2.60, a current ratio of 2.99 and a debt-to-equity ratio of 0.01. The stock has a market cap of $21.13 million, a price-to-earnings ratio of -4.87 and a beta of 1.33. The business has a 50-day simple moving average of $3.30 and a two-hundred day simple moving average of $3.39.

CVD Equipment (NASDAQ:CVV) last released its earnings results on Wednesday, March 19th. The industrial products company reported $0.02 EPS for the quarter. The company had revenue of $7.41 million for the quarter. CVD Equipment had a negative net margin of 18.26% and a negative return on equity of 17.10%. During the same quarter in the previous year, the business posted ($0.33) EPS.

Institutional Investors Weigh In On CVD Equipment

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

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.