Chicago Rivet & Machine (NYSEAMERICAN:CVR) Stock Price Down 1% – Here’s What Happened

Chicago Rivet & Machine Co. (NYSEAMERICAN:CVR) dropped 1% during trading on Tuesday . The stock traded as low as $9.85 and last traded at $9.85. Approximately 3,975 shares traded hands during mid-day trading, an increase of 128% from the average daily volume of 1,744 shares. The stock had previously closed at $9.95.

Chicago Rivet & Machine Stock Performance

The firm has a market cap of $9.80 million, a PE ratio of -4.81 and a beta of 0.28. The company’s 50-day simple moving average is $10.17 and its two-hundred day simple moving average is $11.92.

Chicago Rivet & Machine (NYSEAMERICAN:CVR) last announced its quarterly earnings results on Friday, May 8th. The company reported ($0.37) earnings per share (EPS) for the quarter. The firm had revenue of $6.85 million during the quarter. Chicago Rivet & Machine had a negative return on equity of 10.54% and a negative net margin of 7.15%.

About Chicago Rivet & Machine

Chicago Rivet & Machine Co is a Chicago, Illinois–based manufacturer specializing in the design and production of rivets, fasteners and related metal components. The company’s product portfolio includes solid and blind rivets, threaded inserts, screws, bolts, nuts and washers, engineered to meet the requirements of high-precision industrial applications.

Serving a diverse customer base, Chicago Rivet & Machine brings expertise in material selection and heat-treatment processes to deliver fasteners that meet stringent specifications for strength, corrosion resistance and durability.