Chicago Rivet & Machine (NYSEAMERICAN:CVR) Releases Earnings Results

Chicago Rivet & Machine (NYSEAMERICAN:CVR) released its earnings results on Friday. The company reported $0.07 earnings per share for the quarter, FiscalAI reports. Chicago Rivet & Machine had a negative net margin of 22.86% and a negative return on equity of 27.85%. The firm had revenue of $7.36 million for the quarter.

Chicago Rivet & Machine Stock Down 2.2%

Shares of CVR opened at $9.00 on Friday. The company has a debt-to-equity ratio of 0.03, a current ratio of 6.77 and a quick ratio of 3.41. The business’s 50 day simple moving average is $9.89 and its 200-day simple moving average is $11.27. The stock has a market capitalization of $8.73 million, a price-to-earnings ratio of -1.48 and a beta of 0.16. Chicago Rivet & Machine has a 1 year low of $8.15 and a 1 year high of $20.64.

Chicago Rivet & Machine Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, September 19th. Investors of record on Friday, September 5th were given a dividend of $0.03 per share. The ex-dividend date was Friday, September 5th. This represents a $0.12 annualized dividend and a dividend yield of 1.3%. Chicago Rivet & Machine’s dividend payout ratio (DPR) is currently -3.27%.

Chicago Rivet & Machine Company Profile

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.