CVD Equipment Corporation (CVV)’s Trend Down, Especially After Today’s 52-Week Low Hit

May 16, 2018 - By Darrin Black

CVD Equipment Corporation (NASDAQ:CVV) Logo

Investors sentiment increased to 2 in Q4 2017. Its up 0.33, from 1.67 in 2017Q3. It increased, as 2 investors sold CVD Equipment Corporation shares while 3 reduced holdings. 3 funds opened positions while 7 raised stakes. 1.37 million shares or 6.21% more from 1.29 million shares in 2017Q3 were reported.
Essex Invest Mngmt Ltd accumulated 0.05% or 32,188 shares. Keybank National Association Oh reported 80,500 shares or 0.01% of all its holdings. Moreover, Morgan Stanley has 0% invested in CVD Equipment Corporation (NASDAQ:CVV). The New York-based Renaissance Techs Ltd Llc has invested 0% in CVD Equipment Corporation (NASDAQ:CVV). Manatuck Hill Prtnrs Limited Liability holds 230,500 shares or 1.4% of its portfolio. Northwestern Mutual Wealth Mngmt owns 200 shares or 0% of their US portfolio. California Pub Employees Retirement reported 0% stake. 3,100 were accumulated by Regions. Wells Fargo And Mn holds 0% of its portfolio in CVD Equipment Corporation (NASDAQ:CVV) for 5,660 shares. Benjamin F Edwards And reported 20 shares. Awm Invest Incorporated reported 288,700 shares. Dimensional Fund Advsrs L P holds 0% or 41,442 shares in its portfolio. 1 are owned by Royal Fincl Bank Of Canada. Retail Bank Of America Corp De has invested 0% in CVD Equipment Corporation (NASDAQ:CVV). Vanguard Group Inc Inc has invested 0% in CVD Equipment Corporation (NASDAQ:CVV).

Since December 8, 2017, it had 0 insider purchases, and 3 sales for $80,578 activity. 4,402 shares valued at $49,108 were sold by CHARLES GLEN R on Friday, December 8. GUNTHER CONRAD J JR sold $5,580 worth of stock or 500 shares.

The stock of CVD Equipment Corporation (NASDAQ:CVV) hit a new 52-week low and has $7.42 target or 6.00 % below today’s $7.89 share price. The 8 months bearish chart indicates high risk for the $50.98M company. The 1-year low was reported on May, 16 by Barchart.com. If the $7.42 price target is reached, the company will be worth $3.06M less.
The 52-week low event is an important milestone for every stock because it shows very negative momentum and is time when sellers come in. During such technical setups, fundamental investors usually stay away and are careful buying the stock.

The stock increased 1.33% or $0.1035 during the last trading session, reaching $7.8925. About 40,127 shares traded or 241.59% up from the average. CVD Equipment Corporation (NASDAQ:CVV) has declined 2.92% since May 16, 2017 and is downtrending. It has underperformed by 14.47% the S&P500.

More notable recent CVD Equipment Corporation (NASDAQ:CVV) news were published by: Businesswire.com which released: “CVD Names Dr. Max Shatalov VP of Engineering and Technology” on April 25, 2018, also Streetinsider.com with their article: “CVD Equipment (CVV) Reports Q1 EPS of $0.09 on Revenues of $9.15M” published on May 15, 2018, Businesswire.com published: “CVD Reports First Quarter 2018 Results” on May 15, 2018. More interesting news about CVD Equipment Corporation (NASDAQ:CVV) were released by: Seekingalpha.com and their article: “CVD Equipment’s (CVV) CEO Len Rosenbaum on Q1 2018 Results – Earnings Call Transcript” published on May 15, 2018 as well as Streetinsider.com‘s news article titled: “CVD Equipment (CVV) Appoints Dr. Robert M. Brill to Board” with publication date: April 18, 2018.

CVD Equipment Corporation develops, makes, and sells equipment and process solutions used to develop and manufacture materials and coatings for research and industrial applications in the United States and internationally. The company has market cap of $50.98 million. The firm operates through two divisions, CVD/First Nano and Stainless Design Concepts. It has a 9.62 P/E ratio. It offers chemical vapor deposition systems for use in the research, development, and manufacture of aerospace and medical components, semiconductors, LEDs, carbon nanotubes, nanowires, solar cells, MEMS, and other industrial applications; and rapid thermal processing systems for use in implant activation, oxidation, silicide formation, and other processes.

CVD Equipment Corporation (NASDAQ:CVV) Institutional Positions Chart

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