Chicago Rivet & Machine (NYSEAMERICAN:CVR) Posts Quarterly Earnings Results

Chicago Rivet & Machine (NYSEAMERICAN:CVR) posted its earnings results on Friday. The company reported ($0.95) EPS for the quarter, FiscalAI reports. The company had revenue of $7.53 million for the quarter. Chicago Rivet & Machine had a negative net margin of 9.25% and a negative return on equity of 14.07%.

Chicago Rivet & Machine Trading Up 0.1%

Shares of NYSEAMERICAN CVR opened at $10.51 on Friday. The company has a market cap of $10.19 million, a price-to-earnings ratio of -2.82 and a beta of 0.30. Chicago Rivet & Machine has a 12-month low of $8.50 and a 12-month high of $15.00. The stock’s 50 day simple moving average is $10.47 and its 200 day simple moving average is $11.12.

About Chicago Rivet & Machine

Chicago Rivet & Machine Co (NYSE American: CVR) manufactures and sells rivets, cold-formed metal components, and automated assembly equipment. Its products are used to join, fasten, and assemble components in a range of manufactured goods.

The company serves customers in industries including automotive, electrical and electronics, appliances, hardware, and other industrial markets. Its product offerings include standard and specialty rivets, cold-headed and cold-formed parts, and machinery designed to install rivets and perform related assembly operations.

Founded in 1911, Chicago Rivet & Machine has historically operated as a domestic industrial manufacturer, serving customers primarily through its manufacturing and sales operations in the United States.