CVD Equipment Corporation (CVV, Financial) experienced a significant stock price decline of 8.77%. The stock is currently trading at $3.33 per share with a trading volume of 9,762 shares and a turnover rate of 0.14%. The stock's price fluctuation was recorded at 3.84%.
According to the latest financial reports, CVD Equipment reported a revenue of $8.19 million and a net profit of $203,000, resulting in earnings per share of $0.03. The gross profit stood at $1.84 million, with a price-to-earnings ratio of -5.62. Currently, there are no institutional ratings available for the stock, indicating no buy, hold, or sell recommendations.
Within the business equipment services industry, the overall growth was 0.75%. Notable stocks with significant gains include Schmid Group N.V., Ocean Power Technologies, Inc., and Xylem Inc. Active stocks with high turnover rates are Nano Nuclear Energy Inc. at 12.89%, Serve Robotics Inc. at 10.51%, and Ocean Power Technologies, Inc. at 7.01%. Stocks with large price fluctuations include Ocean Power Technologies, Inc. at 14.46%, Schmid Group N.V. at 11.56%, and Nano Nuclear Energy Inc. at 11.39%.
CVD Equipment Corporation specializes in the manufacture of chemical vapor deposition equipment and custom gas control systems, primarily for the semiconductor and electronics industries. The company operates through its CVD Equipment, CVD Materials, and Stainless Design Concepts divisions, with the CVD Equipment division generating the most revenue.
