With over 0.13 million CVD Equipment Corporation (CVV) shares trading Monday and a closing price of $9.10 on the day, the dollar volume was approximately $1.2 million. The shares have shown a positive half year performance of 97.40% and its price on 01/23/23 gained nearly 16.97%. Currently, there are 6.74M common shares owned by the public and among those 5.66M shares have been available to trade.
An analysis of what Wall Street brokers have to say about the expected price targets for this stock gives us this picture: 1 analysts who have offered their price forecasts for CVV have a consensus price objective of $16.00. The analysts have set the share’s price value over the next 12 months at a high of $16.00 and a low of $16.00. But an upside of 43.12% will see the stock hit the forecast high price target while median target price for the stock is $16.00.
Insiders at the company have transacted a total of 9 times over the past 12 months, according to data filed with the U.S. Securities and Exchange Commission (SEC). 9 of these insider trades were purchases, accounting for 98,229 shares. Insider sales of the common stock occurred on 0 occasions, with total insider shares sold totaling 0 shares.
The top 3 mutual fund holders in CVD Equipment Corporation are Vanguard Total Stock Market Index, Vanguard Extended Market Index Fu, and DFA US Micro Cap Portfolio. Vanguard Total Stock Market Index owns 0.17 million shares of the company’s stock, all valued at over $0.95 million. Vanguard Extended Market Index Fu bought 52.0 shares to see its total holdings expand to 68555.0 shares valued at over $0.38 million and representing 1.01% of the shares outstanding. DFA US Micro Cap Portfolio bought 2190.0 shares to bring its total holdings to over 31588.0 shares at a value of $0.17 million. DFA US Micro Cap Portfolio now owns shares totaling to 0.47% of the shares outstanding.
Shares of CVD Equipment Corporation (NASDAQ: CVV) opened at $7.70, down -$0.08 from a prior closing price of $7.78. However, the script later moved the day high at 9.10, up 16.97%. The company’s stock has a 5-day price change of 11.11% and 82.00% over the past three months. CVV shares are trading 65.15% year to date (YTD), with the 12-month market performance up to 89.19% higher. It has a 12-month low price of $3.68 and touched a high of $8.45 over the same period. CVV has an average intraday trading volume of 25.05K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 42.18%, 52.74%, and 78.88% respectively.
Institutional ownership of CVD Equipment Corporation (NASDAQ: CVV) shares accounts for 18.40% of the company’s 6.74M shares outstanding. Mutual fund holders own –, while other institutional holders and individual stakeholders account for — and — respectively.
It has a market capitalization of $59.33M and a beta (3y monthly) value of 1.30. The earnings-per-share (ttm) stands at -$0.44. Price movements for the stock have been influenced by the stock’s volatility, which stands at 10.74% over the week and 6.58% over the month.
The lowest estimate earnings-per-share for the quarter is $0 while analysts give the company a high EPS estimate of $0.
If you are looking to buy this stock, then you may note that the average analyst recommendation by 1 brokerage firm advisors rate CVD Equipment Corporation (CVV) as a “Moderate Buy” at a consensus score of 2.00. Specifically, 1 Wall Street analysts polled rate the stock as a buy, while 0 of the 1 advise that investors “hold,” and 0 rated it as a “Sell.”
Looking at the support for the CVV, a number of firms have released research notes about the stock. Northland Capital stated their Outperform rating for the stock in a research note on September 11, 2013, with the firm’s price target at $16.