CVD Equipment Co. (NASDAQ:CVV – Get Rating) saw a large increase in short interest in January. As of January 31st, there was short interest totalling 88,900 shares, an increase of 176.9% from the January 15th total of 32,100 shares. Approximately 1.6% of the company's shares are short sold. Based on an average daily volume of 61,000 shares, the short-interest ratio is currently 1.5 days.
CVD Equipment Trading Up 4.2 %
Shares of CVV opened at $12.77 on Friday. The company's fifty day moving average is $7.98 and its two-hundred day moving average is $6.29. CVD Equipment has a fifty-two week low of $3.68 and a fifty-two week high of $14.88. The company has a current ratio of 3.72, a quick ratio of 3.34 and a debt-to-equity ratio of 0.01.
Get CVD Equipment alerts:CVD Equipment (NASDAQ:CVV – Get Rating) last announced its quarterly earnings results on Monday, November 14th. The industrial products company reported $0.01 earnings per share for the quarter. The company had revenue of $8.12 million for the quarter. CVD Equipment had a negative net margin of 12.72% and a negative return on equity of 10.52%.
Hedge Funds Weigh In On CVD Equipment
A number of hedge funds have recently made changes to their positions in the stock. AMH Equity Ltd boosted its holdings in shares of CVD Equipment by 2.3% in the 4th quarter. AMH Equity Ltd now owns 674,879 shares of the industrial products company's stock valued at $3,719,000 after purchasing an additional 14,879 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of 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 valued at $338,000 after acquiring an additional 7,152 shares in the last quarter. Finally, State Street Corp lifted its holdings in shares of CVD Equipment by 33.9% during the 3rd quarter. State Street Corp now owns 18,546 shares of the industrial products company's stock valued at $96,000 after acquiring an additional 4,700 shares in the last quarter. Institutional investors and hedge funds own 29.19% of the company's stock.Analyst Ratings Changes
Separately, StockNews.com began coverage on shares of CVD Equipment in a research note on Thursday. They set a "sell" rating on the 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.
See Also
- Get a free copy of the StockNews.com research report on CVD Equipment (CVV)
- MarketBeat Week in Review – 2/6 – 2/10
- Will Snowflake Have Tough Sledding, Trying To Keep Rally Alive?
- The Bottom Is In For Cloudflare Stock
- 3 Tickers Leading a Meme Stock Revival
- Microsoft-Activision Blizzard Merger: Navigating Risk and Reward
Receive News & Ratings for CVD Equipment Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CVD Equipment and related companies with MarketBeat.com's FREE daily email newsletter.