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

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

CVD Equipment Stock Performance

Shares of NASDAQ:CVV opened at $3.67 on Friday. The company has a market capitalization of $25.05 million, a price-to-earnings ratio of -4.48 and a beta of 1.38. The firm’s 50 day simple moving average is $3.89 and its 200 day simple moving average is $4.45. 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 has a fifty-two week low of $3.46 and a fifty-two week high of $7.98.

Institutional Investors Weigh In On CVD Equipment

A hedge fund recently raised its stake in CVD Equipment stock. AMH Equity Ltd increased 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 disclosure with the Securities & Exchange Commission. The firm owned 660,000 shares of the industrial products company’s stock after acquiring an additional 47,000 shares during the period. CVD Equipment comprises about 2.6% of AMH Equity Ltd’s portfolio, making the stock its 11th largest position. AMH Equity Ltd owned about 9.68% of CVD Equipment worth $2,924,000 as of its most recent filing with the Securities & Exchange Commission. 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.