Begins Coverage on CVD Equipment (NASDAQ:CVV) assumed coverage on shares of CVD Equipment (NASDAQ:CVVGet Rating) in a research report issued on Sunday. The firm set a “sell” rating on the industrial products company’s stock.

Shares of NASDAQ CVV opened at $4.19 on Friday. The company’s 50 day moving average price is $4.51 and its 200-day moving average price is $4.50. CVD Equipment has a 52-week low of $3.84 and a 52-week high of $6.37. The company has a market capitalization of $28.14 million, a P/E ratio of 5.37 and a beta of 1.35.

CVD Equipment (NASDAQ:CVVGet Rating) last posted its quarterly earnings data on Monday, May 16th. The industrial products company reported ($0.15) earnings per share for the quarter. CVD Equipment had a negative return on equity of 0.69% and a net margin of 29.62%. The firm had revenue of $4.66 million for the quarter.

Several institutional investors and hedge funds have recently bought and sold shares of CVV. Citadel Advisors LLC increased its position in shares of CVD Equipment by 20.8% during the second quarter. Citadel Advisors LLC now owns 14,352 shares of the industrial products company’s stock worth $65,000 after buying an additional 2,474 shares during the period. Two Sigma Advisers LP acquired a new stake in shares of CVD Equipment during the third quarter worth $208,000. AMH Equity Ltd acquired a new stake in shares of CVD Equipment during the fourth quarter worth $2,726,000. Finally, Shufro Rose & Co. LLC acquired a new stake in shares of CVD Equipment during the first quarter worth $61,000. Institutional investors own 38.31% of the company’s stock.

About CVD Equipment (Get Rating)

CVD Equipment Corporation, together with its subsidiaries, designs, develops, manufactures, and sells process equipment and solutions that are used to develop and manufacture materials and coatings for research and industrial applications in the United States. It operates through three segments: CVD, SDC, and CVD Materials.

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