CVD Equipment (NASDAQ:CVV) Receives New Coverage from Analysts at StockNews.com

StockNews.com initiated coverage on shares of CVD Equipment (NASDAQ:CVV – Get Rating) in a research report sent to investors on Thursday. The brokerage issued a sell rating on the industrial products company’s stock.

CVD Equipment Stock Up 0.6 %

Shares of CVV traded up $0.07 during trading hours on Thursday, hitting $11.87. The stock had a trading volume of 22,649 shares, compared to its average volume of 44,946. The company’s fifty day moving average is $11.34 and its two-hundred day moving average is $7.50. The company has a quick ratio of 3.34, a current ratio of 3.72 and a debt-to-equity ratio of 0.01. CVD Equipment has a 52 week low of $3.68 and a 52 week high of $15.82.

Institutional Investors Weigh In On CVD Equipment

Several large investors have recently made changes to their positions in CVV. State Street Corp grew its holdings in CVD Equipment by 33.9% during the 3rd quarter. State Street Corp now owns 18,546 shares of the industrial products company’s stock worth $96,000 after acquiring an additional 4,700 shares during the last quarter. Dimensional Fund Advisors LP grew its holdings in CVD Equipment by 13.2% during the 4th quarter. Dimensional Fund Advisors LP now owns 61,294 shares of the industrial products company’s stock worth $338,000 after acquiring an additional 7,152 shares during the last quarter. Finally, AMH Equity Ltd grew its holdings in CVD Equipment by 2.3% during the 4th quarter. AMH Equity Ltd now owns 674,879 shares of the industrial products company’s stock worth $3,719,000 after acquiring an additional 14,879 shares during the last quarter. Institutional investors own 29.19% of the company’s stock.

CVD Equipment Company Profile

(Get Rating)

CVD Equipment Corp. engages in the design, development, and manufacture of chemical vapor deposition, gas control, and other state-of-the-art equipment and process solutions. It operates through the following segments: Chemical Vapor Deposition (CVD), Stainless Design Concepts (SDC), CVD Materials, and Corporate.