Chicago Rivet & Machine (NYSEAMERICAN:CVR) Coverage Initiated at StockNews.com

Analysts at StockNews.com began coverage on shares of Chicago Rivet & Machine (NYSEAMERICAN:CVR) in a research report issued on Friday. The brokerage set a “sell” rating on the stock.

Chicago Rivet & Machine Trading Up 2.4 %

Chicago Rivet & Machine stock opened at $10.88 on Friday. The company has a market cap of $10.55 million, a price-to-earnings ratio of -2.96 and a beta of 0.16. Chicago Rivet & Machine has a 12 month low of $8.15 and a 12 month high of $22.27. The business has a fifty day simple moving average of $11.62.

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.