Chicago Rivet & Machine (NYSEAMERICAN:CVR) Issues Earnings Results

Chicago Rivet & Machine (NYSEAMERICAN:CVR) posted its quarterly earnings data on Tuesday. The company reported ($1.20) earnings per share for the quarter, FiscalAI reports. The firm had revenue of $5.99 million for the quarter. Chicago Rivet & Machine had a negative return on equity of 21.59% and a negative net margin of 16.69%.

Chicago Rivet & Machine Price Performance

Shares of CVR stock traded up $0.06 on Tuesday, hitting $13.96. 589 shares of the company’s stock were exchanged, compared to its average volume of 3,852. The stock has a market cap of $13.54 million, a P/E ratio of -3.10 and a beta of 0.10. The company has a debt-to-equity ratio of 0.02, a current ratio of 5.97 and a quick ratio of 3.17. Chicago Rivet & Machine has a 12 month low of $8.15 and a 12 month high of $15.00. The company has a 50 day moving average of $13.82 and a 200 day moving average of $11.86.

Chicago Rivet & Machine Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 20th. Stockholders of record on Friday, March 6th were given a $0.03 dividend. This represents a $0.12 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date was Friday, March 6th. Chicago Rivet & Machine’s payout ratio is presently -3.27%.

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.