Chicago Rivet & Machine (NYSEAMERICAN:CVR) Stock Price Down 1.6% – Time to Sell?

Shares of Chicago Rivet & Machine Co. (NYSEAMERICAN:CVR) traded down 1.6% during trading on Tuesday . The stock traded as low as $10.54 and last traded at $10.76. 578 shares changed hands during trading, a decline of 85% from the average session volume of 3,868 shares. The stock had previously closed at $10.93.

Chicago Rivet & Machine Stock Performance

The firm’s 50 day moving average price is $10.46 and its two-hundred day moving average price is $12.22. The company has a market cap of $10.44 million, a P/E ratio of -5.12 and a beta of 0.29.

Chicago Rivet & Machine (NYSEAMERICAN:CVR) last issued its earnings results on Friday, May 8th. The company reported ($0.37) earnings per share (EPS) for the quarter. The company had revenue of $6.85 million for the quarter. Chicago Rivet & Machine had a negative return on equity of 10.54% and a negative net margin of 7.15%.

Chicago Rivet & Machine Company Profile

Chicago Rivet & Machine Co is a Chicago, Illinois–based manufacturer specializing in the design and production of rivets, fasteners and related metal components. The company’s product portfolio includes solid and blind rivets, threaded inserts, screws, bolts, nuts and washers, engineered to meet the requirements of high-precision industrial applications.

Serving a diverse customer base, Chicago Rivet & Machine brings expertise in material selection and heat-treatment processes to deliver fasteners that meet stringent specifications for strength, corrosion resistance and durability.