CVD Equipment Corporation (CVV) Announces Earnings Results
CVD Equipment Corporation (NASDAQ:CVV) announced its quarterly earnings data on Tuesday. The industrial products company reported $0.22 earnings per share (EPS) for the quarter, Bloomberg Earnings reports. CVD Equipment Corporation had a return on equity of 8.46% and a net margin of 9.07%.
Shares of CVD Equipment Corporation (CVV) traded down $0.24 during trading hours on Wednesday, reaching $11.55. The company’s stock had a trading volume of 36,425 shares, compared to its average volume of 13,980. The company has a market cap of $72.35, a P/E ratio of 24.13 and a beta of 1.26. The company has a debt-to-equity ratio of 0.08, a current ratio of 4.47 and a quick ratio of 4.00. CVD Equipment Corporation has a 52-week low of $7.59 and a 52-week high of $12.68.
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In other CVD Equipment Corporation news, VP William S. Linss sold 4,000 shares of the company’s stock in a transaction on Tuesday, August 22nd. The stock was sold at an average price of $11.02, for a total value of $44,080.00. Following the completion of the transaction, the vice president now owns 7,196 shares in the company, valued at approximately $79,299.92. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 19.80% of the stock is owned by corporate insiders.
CVD Equipment Corporation designs and manufactures equipment and process solutions used to develop and manufacture materials and coatings for research and industrial applications. The Company operates through two divisions: CVD/First Nano and Stainless Design Concepts (SDC). The Company’s CVD/First Nano division supplies chemical vapor deposition systems for use in the research, development and manufacturing of aerospace and medical components, semiconductors, light emitting diodes (LEDs), carbon nanotubes, nanowires, solar cells and a number of other industrial applications.
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