Alert: Major Price Decline (5/14/24)-CVD Equipment Corp (NASDAQ: CVV).

out_logo_500#05731.jpg

CVD Equipment Corp (NASDAQ: CVV) stock closed at $4.53 on 5/14/24 after a major decline of -10.3%. Moreover, this decline was accompanied by above average trading volume at 124% of normal. The stock is unchanged during the last week but has been extremely weak relative to the market over the last nine months.

out_mm#05731.jpg

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 23 and a poor Appreciation Score of 16, leading to the Lowest Value Trend Rating.

Rating Review

In light of this highly negative price change we are reviewing our current Overall Rating of F. This review will be completed in the next several days.

Be the first to comment

Leave a Reply

Your email address will not be published.


*