CVD Equipment (NASDAQ:CVV) Posts Earnings Results

CVD Equipment (NASDAQ:CVV) released its quarterly earnings results on Monday. The industrial products company reported $0.06 earnings per share (EPS) for the quarter, Zacks reports. CVD Equipment had a negative return on equity of 1.44% and a negative net margin of 1.27%.

CVD Equipment Stock Performance

Shares of CVD Equipment stock traded down $0.01 on Monday, reaching $3.44. 13,303 shares of the stock were exchanged, compared to its average volume of 31,471. The firm has a market capitalization of $23.67 million, a PE ratio of -68.79 and a beta of 0.95. CVD Equipment has a 1-year low of $2.46 and a 1-year high of $4.80. The business has a fifty day moving average price of $3.48 and a two-hundred day moving average price of $3.25. The company has a current ratio of 4.00, a quick ratio of 3.49 and a debt-to-equity ratio of 0.01.

Analyst Upgrades and Downgrades

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

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.