StockNews.com Initiates Coverage on Chicago Rivet & Machine (NYSEAMERICAN:CVR)

Equities researchers at StockNews.com started coverage on shares of Chicago Rivet & Machine (NYSEAMERICAN:CVR) in a research report issued on Saturday. The firm set a “sell” rating on the stock.

Chicago Rivet & Machine Price Performance

NYSEAMERICAN CVR opened at $9.25 on Friday. The company has a market cap of $8.97 million, a P/E ratio of -2.52 and a beta of 0.16. Chicago Rivet & Machine has a 52 week low of $8.90 and a 52 week high of $22.27.

About Chicago Rivet & Machine

Chicago Rivet & Machine Co engages in the manufacturing and sale of rivets and specialty cold formed parts, as well as automatic rivet setting equipment and automated assembly systems. It operates through the following segments: Fasteners and Assembly Equipment. The Fasteners segment includes rivets, cold-formed fasteners, and parts and screw machine products.