CVD Equipment (NASDAQ:CVV) Stock Price Crosses Above 200-Day Moving Average – Time to Sell?

CVD Equipment Corporation (NASDAQ:CVV)’s stock price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $3.25 and traded as high as $3.60. CVD Equipment shares last traded at $3.45, with a volume of 24,274 shares traded.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of CVD Equipment in a report on Wednesday, October 8th. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company currently has an average rating of “Sell”.

CVD Equipment Trading Down 3.9%

The company has a quick ratio of 3.49, a current ratio of 4.00 and a debt-to-equity ratio of 0.01. The stock has a market capitalization of $23.74 million, a PE ratio of -68.99 and a beta of 0.95. The business’s 50-day moving average is $3.48 and its two-hundred day moving average is $3.25.

CVD Equipment (NASDAQ:CVV) last released its quarterly earnings results on Tuesday, August 12th. The industrial products company reported ($0.15) EPS for the quarter. The firm had revenue of $5.11 million for the quarter. CVD Equipment had a negative return on equity of 1.44% and a negative net margin of 1.27%.

About CVD Equipment

CVD Equipment Corporation, together with its subsidiaries, designs, develops, manufactures, and sells equipment to develop and manufacture materials and coatings in the United States and internationally. It operates through three segments: CVD Equipment, Stainless Design Concepts, and CVD Materials. The CVD Equipment segment offers chemical vapor deposition, physical vapor transport, and thermal process equipment under the FirstNano brand for various markets, such as high power electronics, aerospace advanced materials for gas turbine jet engines, and nanomaterials used in batteries, as well as semiconductors, LEDs, carbon nanotubes, nanowires, solar cells, and other industrial and research applications.