CVD Equipment Corp (NASDAQ: CVV) has recently experienced extremely important negative changes in investment behavior: negative upside/downside volume developed, and its shorter term price trend turned down.
CVD Equipment Corp (NASDAQ: CVV) suffers from meaningful negative changes in fundamentals: significant quarterly sales deceleration occurred, and significant quarterly earnings deceleration occurred.
In light of these highly negative signals we are reviewing our current Overall Rating of F. We would continue to view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
CVV’s future returns on capital are forecasted to fall short of the cost of capital. Accordingly, the company is expected to continue to be a modest Value Eraser.
CVD Equipment has a current Value Trend Rating of F (Lowest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. CVD Equipment has a poor Power Rating of 24 and a poor Appreciation Score of 19, and the Lowest Value Trend Rating results.
Recent Price Action
CVD Equipment Corp (NASDAQ: CVV) stock closed at $4.39 on 6/4/24 after a decline of -2.1%. However, trading volume in this decline was exceptionally low at 14% of normal. The stock has declined -3.5% during the last week and has been extremely weak relative to the market over the last nine months.
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