Alert: Negative Investment/Fundamental Signals (6/18/24)-CVD Equipment Corp (NASDAQ: CVV)

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CVD Equipment Corp (NASDAQ: CVV) suffers from exceptional negative changes in investment behavior: negative upside/downside volume developed, and the stock fell on very heavy volume.

CVD Equipment Corp (NASDAQ: CVV) has recently experienced significant 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.

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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). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. CVD Equipment has a poor Power Rating of 24 and a poor Appreciation Score of 20, triggering the Lowest Value Trend Rating.

Recent Price Action

On 6/18/24, CVD Equipment Corp (NASDAQ: CVV) stock declined modestly by -1.2%, closing at $4.00. Moreover, trading volume in this decline was exceptionally high at 207% of normal. Relative to the market the stock has been extremely weak over the last nine months and has declined -7.2% during the last week.

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