CVD Equipment (NASDAQ:CVV) issued its earnings results on Tuesday. The industrial products company reported ($0.21) earnings per share for the quarter, Bloomberg Earnings reports. CVD Equipment had a negative return on equity of 21.28% and a negative net margin of 42.56%. The firm had revenue of $4.92 million during the quarter.
Shares of CVV stock opened at $3.60 on Wednesday. CVD Equipment has a twelve month low of $3.35 and a twelve month high of $6.97. The stock has a fifty day moving average price of $3.68. The company has a debt-to-equity ratio of 0.35, a current ratio of 3.92 and a quick ratio of 3.51.
An institutional investor recently bought a new position in CVD Equipment stock. Municipal Employees Retirement System of Michigan bought a new position in CVD Equipment Co. (NASDAQ:CVV) in the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 52,567 shares of the industrial products company’s stock, valued at approximately $187,000. Municipal Employees Retirement System of Michigan owned 0.81% of CVD Equipment at the end of the most recent quarter. Institutional investors own 14.95% of the company’s stock.
CVD Equipment Corporation develops, manufactures, and sells equipment and process solutions used to develop and manufacture materials and coatings for research and industrial applications in the United States and internationally. It operates through two segments, CVD/First Nano and SDC. The company offers chemical vapor deposition systems for use in the research, development, and manufacture of aerospace and medical components, semiconductors, LEDs, carbon nanotubes, nanowires, solar cells, and other industrial applications; and rapid thermal processing systems for use in implant activation, oxidation, silicide formation, and other processes.
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