CVD Equipment (NASDAQ:CVV) Shares Cross Above 200 Day Moving Average – Time to Sell?

CVD Equipment Corporation (NASDAQ:CVV)’s share price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $3.20 and traded as high as $4.35. CVD Equipment shares last traded at $4.35, with a volume of 61,106 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of CVD Equipment in a research report on Wednesday, October 8th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company presently has a consensus rating of “Sell”.

CVD Equipment Price Performance

The company’s 50-day moving average is $3.31 and its two-hundred day moving average is $3.20. The company has a debt-to-equity ratio of 0.01, a current ratio of 4.00 and a quick ratio of 3.49. The firm has a market cap of $29.93 million, a P/E ratio of -86.98 and a beta of 0.87.

CVD Equipment (NASDAQ:CVV) last posted its quarterly earnings data on Tuesday, August 12th. The industrial products company reported ($0.15) earnings per share for the quarter. CVD Equipment had a negative return on equity of 1.44% and a negative net margin of 1.27%.The firm had revenue of $5.11 million for the quarter.

About CVD Equipment

CVD Equipment Corporation, together with its subsidiaries, designs, develops, manufactures, and sells equipment to develop and manufacture materials and coatings in the United States and internationally. It operates through three segments: CVD Equipment, Stainless Design Concepts, and CVD Materials. The CVD Equipment segment offers chemical vapor deposition, physical vapor transport, and thermal process equipment under the FirstNano brand for various markets, such as high power electronics, aerospace advanced materials for gas turbine jet engines, and nanomaterials used in batteries, as well as semiconductors, LEDs, carbon nanotubes, nanowires, solar cells, and other industrial and research applications.