StockNews.com Begins Coverage on Chicago Rivet & Machine (NYSEAMERICAN:CVR)

Investment analysts at StockNews.com began coverage on shares of Chicago Rivet & Machine (NYSEAMERICAN:CVR) in a research note issued on Sunday. The firm set a “sell” rating on the stock.

Chicago Rivet & Machine Trading Down 7.6 %

Shares of CVR stock opened at $9.06 on Friday. The firm has a market cap of $8.79 million, a PE ratio of -2.47 and a beta of 0.16. Chicago Rivet & Machine has a 12 month low of $8.93 and a 12 month high of $22.27.

Chicago Rivet & Machine Company Profile

Chicago Rivet & Machine Co engages in the manufacturing and sale of rivets and specialty cold formed parts, as well as automatic rivet setting equipment and automated assembly systems. It operates through the following segments: Fasteners and Assembly Equipment. The Fasteners segment includes rivets, cold-formed fasteners, and parts and screw machine products.