StockNews.com assumed coverage on shares of Chicago Rivet & Machine (NYSEAMERICAN:CVR – Free Report) in a research note issued to investors on Friday morning. The firm issued a sell rating on the stock.
Chicago Rivet & Machine Price Performance
Chicago Rivet & Machine stock opened at $11.34 on Friday. The firm has a 50-day simple moving average of $11.61. The company has a market capitalization of $11.00 million, a PE ratio of -3.09 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.
Chicago Rivet & Machine Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Thursday, March 20th. Investors of record on Wednesday, March 5th were issued a $0.03 dividend. This represents a $0.12 dividend on an annualized basis and a dividend yield of 1.06%. The ex-dividend date was Wednesday, March 5th. Chicago Rivet & Machine’s dividend payout ratio 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.
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