Bruce T. Swan Sells 2,000 Shares of CVD Equipment Corp. (CVV) Stock

CVD Equipment Corp. (NASDAQ:CVV) Director Bruce T. Swan sold 2,000 shares of the business’s stock in a transaction dated Wednesday, September 21st. The shares were sold at an average price of $8.48, for a total transaction of $16,960.00. Following the completion of the transaction, the director now directly owns 16,710 shares of the company’s stock, valued at approximately $141,700.80. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.

CVD Equipment Corp. (NASDAQ:CVV) opened at 8.39 on Friday. The company has a 50-day moving average of $8.60 and a 200 day moving average of $8.16. The firm has a market cap of $53.04 million, a P/E ratio of 142.20 and a beta of 1.59. CVD Equipment Corp. has a 52 week low of $6.25 and a 52 week high of $13.30.

CVD Equipment Corp. (NASDAQ:CVV) last issued its earnings results on Thursday, August 11th. The company reported ($0.08) earnings per share for the quarter. CVD Equipment Corp. had a return on equity of 4.63% and a net margin of 1.33%. The company earned $3.70 million during the quarter, compared to analyst estimates of $9 million. On average, equities analysts predict that CVD Equipment Corp. will post $0.41 earnings per share for the current year.

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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