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

Equities researchers at StockNews.com began coverage on shares of CVD Equipment (NASDAQ:CVV – Get Rating) in a research note issued on Tuesday. The firm set a “sell” rating on the industrial products company’s stock.

CVD Equipment Stock Performance

Shares of CVV stock opened at $9.10 on Tuesday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 3.34 and a current ratio of 3.72. CVD Equipment has a fifty-two week low of $3.68 and a fifty-two week high of $9.10. The stock has a 50 day moving average price of $6.01 and a two-hundred day moving average price of $5.52. The company has a market capitalization of $61.23 million, a P/E ratio of -20.68 and a beta of 1.20.

CVD Equipment (NASDAQ:CVV – Get Rating) last announced its quarterly earnings data on Monday, November 14th. The industrial products company reported $0.01 earnings per share for the quarter. CVD Equipment had a negative return on equity of 10.52% and a negative net margin of 12.72%. The firm had revenue of $8.12 million during the quarter.

Insider Buying and Selling at CVD Equipment

In other CVD Equipment news, major shareholder Andrew Africk bought 21,948 shares of CVD Equipment stock in a transaction dated Thursday, October 27th. The shares were purchased at an average cost of $5.81 per share, with a total value of $127,517.88. Following the completion of the purchase, the insider now owns 721,786 shares of the company’s stock, valued at $4,193,576.66. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 7.50% of the company’s stock.

Hedge Funds Weigh In On CVD Equipment

Hedge funds have recently made changes to their positions in the business. AMH Equity Ltd grew its stake in CVD Equipment by 2.3% in the fourth quarter. AMH Equity Ltd now owns 674,879 shares of the industrial products company’s stock worth $3,719,000 after purchasing an additional 14,879 shares during the period. Dimensional Fund Advisors LP grew its stake in CVD Equipment by 25.1% in the third quarter. Dimensional Fund Advisors LP now owns 54,142 shares of the industrial products company’s stock worth $282,000 after purchasing an additional 10,865 shares during the period. Finally, State Street Corp grew its stake in CVD Equipment by 33.9% in the third quarter. State Street Corp now owns 18,546 shares of the industrial products company’s stock worth $96,000 after purchasing an additional 4,700 shares during the period. 29.19% of the stock is owned by hedge funds and other institutional investors.

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.