Wall Street Zen lowered shares of CVD Equipment (NASDAQ:CVV – Free Report) from a hold rating to a sell rating in a research report report published on Saturday,Wall Street Zen reports.
Separately, Weiss Ratings upgraded CVD Equipment from a “sell (d-)” rating to a “hold (c)” rating in a research note on Tuesday, September 22nd. One analyst has rated the stock with a Hold rating. According to MarketBeat.com, CVD Equipment presently has an average rating of “Hold”.
View Our Latest Stock Analysis on CVD Equipment
CVD Equipment Stock Up 5.8%
CVD Equipment stock opened at $4.20 on Friday. The firm has a market cap of $29.19 million, a PE ratio of 3.56 and a beta of 1.32. CVD Equipment has a 52-week low of $2.96 and a 52-week high of $9.10. The company’s 50 day moving average is $4.53 and its two-hundred day moving average is $5.53.
CVD Equipment (NASDAQ:CVV – Get Free Report) last issued its quarterly earnings results on Thursday, November 5th. The industrial products company reported ($0.21) EPS for the quarter. The business had revenue of $1.58 million during the quarter. CVD Equipment had a net margin of 62.01% and a negative return on equity of 13.91%.
Hedge Funds Weigh In On CVD Equipment
Institutional investors and hedge funds have recently made changes to their positions in the stock. Algert Global LLC acquired a new position in CVD Equipment during the 2nd quarter worth approximately $224,000. BlackRock Inc. purchased a new stake in shares of CVD Equipment in the 2nd quarter valued at approximately $130,000. FNY Investment Advisers LLC purchased a new stake in shares of CVD Equipment in the 2nd quarter valued at approximately $305,000. Finally, Renaissance Technologies LLC raised its holdings in shares of CVD Equipment by 17.5% in the 1st quarter. Renaissance Technologies LLC now owns 180,882 shares of the industrial products company’s stock valued at $749,000 after purchasing an additional 27,000 shares in the last quarter. 31.59% of the stock is owned by institutional investors and hedge funds.
CVD Equipment Company Profile
CVD Equipment Corporation (NASDAQ: CVV) designs, develops, manufactures and services equipment used to produce advanced electronic materials and components. Its systems support applications in semiconductors, solar energy, nanotechnology, battery materials and other emerging technologies that require controlled deposition, thermal processing or materials development.
The company’s product portfolio includes chemical vapor deposition (CVD) systems, physical vapor deposition equipment, thermal-processing systems, gas and chemical delivery systems, and related laboratory and production equipment.
See Also
- Five stocks we like better than CVD Equipment
- Wall Street May Be Making a Big Mistake With monday.com Stock
- Are These 2 Mid-Cap Growth Stocks Worth the Risk?
- Oklo Changes the Narrative: Does a Nuclear Stock Price Explosion Come Next?
- Cloudflare’s 20% Sell-Off May Have Created an Opening for Investors
Receive News & Ratings for CVD Equipment Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CVD Equipment and related companies with MarketBeat.com's FREE daily email newsletter.
