CVD Equipment Corp. (CVV) Director Bruce T. Swan Sells 3,171 Shares
CVD Equipment Corp. (NASDAQ:CVV) Director Bruce T. Swan sold 3,171 shares of the firm’s stock in a transaction dated Friday, November 25th. The shares were sold at an average price of $7.85, for a total value of $24,892.35. Following the transaction, the director now directly owns 6,200 shares in the company, valued at $48,670. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.
CVD Equipment Corp. (NASDAQ:CVV) traded up 0.52% during mid-day trading on Tuesday, reaching $7.77. The company’s stock had a trading volume of 9,952 shares. The firm’s 50 day moving average is $8.22 and its 200-day moving average is $8.21. CVD Equipment Corp. has a one year low of $6.25 and a one year high of $11.70. The stock’s market cap is $49.14 million.
CVD Equipment Corp. (NASDAQ:CVV) last announced its quarterly earnings results on Monday, November 14th. The company reported ($0.01) EPS for the quarter. The company earned $4.80 million during the quarter, compared to analysts’ expectations of $9 million. CVD Equipment Corp. had a negative return on equity of 1.59% and a negative net margin of 2.42%. Equities analysts expect that CVD Equipment Corp. will post $0.41 earnings per share for the current fiscal year.
Separately, TheStreet cut CVD Equipment Corp. from a “hold” rating to a “sell” rating in a research note on Tuesday, November 8th.
About CVD Equipment Corp.
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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