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

Research analysts at StockNews.com started coverage on shares of CVD Equipment (NASDAQ:CVV) in a research note issued to investors on Monday. The firm set a “hold” rating on the industrial products company’s stock.

CVD Equipment Trading Up 5.2 %

Shares of CVD Equipment stock opened at $3.05 on Monday. The firm has a 50-day simple moving average of $3.16 and a two-hundred day simple moving average of $3.35. The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.60 and a current ratio of 2.99. CVD Equipment has a fifty-two week low of $2.53 and a fifty-two week high of $5.64. The company has a market cap of $20.99 million, a P/E ratio of -4.84 and a beta of 1.06.

CVD Equipment (NASDAQ:CVV) last issued its quarterly 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 during the quarter. CVD Equipment had a negative net margin of 18.26% and a negative return on equity of 17.10%. During the same period in the previous year, the firm posted ($0.33) EPS.

Institutional Trading of CVD Equipment

Large investors have recently added to or reduced their stakes in the stock. Northern Trust Corp grew its holdings in shares of CVD Equipment by 63.7% in the fourth quarter. Northern Trust Corp now owns 32,514 shares of the industrial products company’s stock valued at $143,000 after purchasing an additional 12,657 shares during the period. Quinn Opportunity Partners LLC lifted its stake 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 worth $316,000 after acquiring an additional 13,914 shares in the last quarter. Renaissance Technologies LLC lifted 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 worth $613,000 after purchasing an additional 15,700 shares in the last quarter. Finally, AMH Equity Ltd boosted its position in CVD Equipment by 2.8% in the 4th quarter. AMH Equity Ltd now owns 665,000 shares of the industrial products company’s stock valued at $2,926,000 after buying an additional 18,157 shares during the period. 31.59% of the stock is currently owned by hedge funds and other 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.