Bruce T. Swan Sells 3,171 Shares of CVD Equipment Corp. (CVV) Stock
CVD Equipment Corp. (NASDAQ:CVV) Director Bruce T. Swan sold 3,171 shares of the company’s stock in a transaction on Friday, November 25th. The stock was sold at an average price of $7.85, for a total transaction of $24,892.35. Following the sale, the director now directly owns 6,200 shares of the company’s stock, valued at $48,670. The sale was disclosed in a filing with the SEC, which is available at the SEC website.
Shares of CVD Equipment Corp. (NASDAQ:CVV) opened at 7.75 on Thursday. The stock’s market capitalization is $49.01 million. CVD Equipment Corp. has a 12 month low of $6.25 and a 12 month high of $11.77. The company’s 50-day moving average is $8.22 and its 200-day moving average is $8.21.
CVD Equipment Corp. (NASDAQ:CVV) last posted its quarterly earnings data on Monday, November 14th. The company reported ($0.01) EPS for the quarter. CVD Equipment Corp. had a negative return on equity of 1.59% and a negative net margin of 2.42%. The firm earned $4.80 million during the quarter, compared to analyst estimates of $9 million. Equities research analysts expect that CVD Equipment Corp. will post $0.41 earnings per share for the current fiscal year.
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Separately, TheStreet cut shares of CVD Equipment Corp. from a “hold” rating to a “sell” rating in a research report 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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