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 report sent to investors on Thursday. The firm issued a hold rating on the industrial products company’s stock.

CVD Equipment Price Performance

CVV stock opened at $3.10 on Thursday. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.99 and a quick ratio of 2.60. The firm has a market capitalization of $21.33 million, a P/E ratio of -4.92 and a beta of 1.33. The business’s 50-day moving average is $3.49 and its two-hundred day moving average is $3.42. CVD Equipment has a 1 year low of $2.70 and a 1 year high of $6.35.

Institutional Investors Weigh In On CVD Equipment

A number of hedge funds have recently bought and sold shares of the stock. AMH Equity Ltd lifted its stake in CVD Equipment by 2.8% during the fourth quarter. AMH Equity Ltd now owns 665,000 shares of the industrial products company’s stock worth $2,926,000 after purchasing an additional 18,157 shares during the last quarter. Renaissance Technologies LLC lifted its stake in CVD Equipment by 12.7% during the fourth quarter. Renaissance Technologies LLC now owns 139,382 shares of the industrial products company’s stock worth $613,000 after purchasing an additional 15,700 shares during the last quarter. Quinn Opportunity Partners LLC lifted its stake in CVD Equipment by 24.1% during the fourth quarter. Quinn Opportunity Partners LLC now owns 71,748 shares of the industrial products company’s stock worth $316,000 after purchasing an additional 13,914 shares during the last quarter. Finally, Northern Trust Corp lifted its stake in 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 during the last quarter. Institutional investors and hedge funds 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.