CVD Equipment (NASDAQ:CVV) Coverage Initiated by Analysts at StockNews.com

StockNews.com assumed coverage on shares of CVD Equipment (NASDAQ:CVV) in a report published on Friday. The firm issued a hold rating on the industrial products company’s stock.

CVD Equipment Stock Down 7.2 %

NASDAQ CVV opened at $4.38 on Friday. The firm has a market cap of $29.89 million, a PE ratio of -7.18 and a beta of 1.34. CVD Equipment has a one year low of $3.93 and a one year high of $11.70. The stock’s 50 day simple moving average is $4.91 and its 200 day simple moving average is $5.17. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.67 and a quick ratio of 2.15.

Institutional Investors Weigh In On CVD Equipment

A number of large investors have recently bought and sold shares of CVV. Dimensional Fund Advisors LP grew its position in CVD Equipment by 25.1% during the 3rd quarter. Dimensional Fund Advisors LP now owns 54,142 shares of the industrial products company’s stock worth $282,000 after acquiring an additional 10,865 shares during the last quarter. State Street Corp boosted its position in CVD Equipment by 33.9% in the 3rd quarter. State Street Corp now owns 18,546 shares of the industrial products company’s stock valued at $96,000 after buying an additional 4,700 shares during the last quarter. UBS Group AG boosted its position in CVD Equipment by 49.0% in the 1st quarter. UBS Group AG now owns 2,778 shares of the industrial products company’s stock valued at $37,000 after buying an additional 914 shares during the last quarter. Geode Capital Management LLC boosted its position in CVD Equipment by 38.7% in the 1st quarter. Geode Capital Management LLC now owns 60,799 shares of the industrial products company’s stock valued at $809,000 after buying an additional 16,959 shares during the last quarter. Finally, Ameriprise Financial Inc. acquired a new position in shares of CVD Equipment in the 1st quarter valued at $1,060,000. 31.59% of the stock is currently owned by institutional investors.

CVD Equipment Company Profile

CVD Equipment Corporation, together with its subsidiaries, designs, develops, manufactures, and sells equipment to develop and manufacture materials and coatings in the United States. It operates through three segments: CVD Equipment, Stainless Design Concepts, and CVD Materials. The company 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; and ultra-high purity gas and chemical delivery control systems, including gas cylinder storage cabinets, custom gas and chemical delivery systems, gas and liquid valve manifold boxes, and gas isolation boxes for semiconductor fabrication processes, aerospace, solar cells, LEDs, carbon nanotubes, nanowires, and industrial applications.