StockNews.com started coverage on shares of Chicago Rivet & Machine (NYSEAMERICAN:CVR – Free Report) in a research note published on Tuesday. The brokerage issued a sell rating on the stock.
Chicago Rivet & Machine Trading Down 3.2 %
Shares of NYSEAMERICAN CVR opened at $16.02 on Tuesday. The stock has a market cap of $15.54 million, a PE ratio of -3.51 and a beta of 0.11. Chicago Rivet & Machine has a 52-week low of $14.73 and a 52-week high of $30.00.
Chicago Rivet & Machine (NYSEAMERICAN:CVR – Get Free Report) last issued its quarterly earnings data on Thursday, March 28th. The company reported ($1.60) earnings per share for the quarter. Chicago Rivet & Machine had a negative return on equity of 15.66% and a negative net margin of 13.97%. The business had revenue of $6.78 million during the quarter.
Chicago Rivet & Machine Announces Dividend
Institutional Inflows and Outflows
An institutional investor recently bought a new position in Chicago Rivet & Machine stock. Cannell Capital LLC bought a new stake in Chicago Rivet & Machine Co. (NYSEAMERICAN:CVR – Free Report) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 11,486 shares of the company’s stock, valued at approximately $202,000. Cannell Capital LLC owned approximately 1.18% of Chicago Rivet & Machine as of its most recent filing with the Securities & Exchange Commission. 19.87% of the stock is currently owned by institutional investors and hedge funds.
Chicago Rivet & Machine Company Profile
Chicago Rivet & Machine Co operates in the fastener industry in North America. It operates in two segments, Fasteners and Assembly Equipment. The Fastener segment manufactures and sells rivets, cold-formed fasteners and parts, and screw machine products. The Assembly Equipment segment engages in the manufacture and sale of automatic rivet setting machines, as well as parts and tools for related machines.
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