Watch for Continued Gains in Shares of CVD Equipment Corporation (CVV)

April 11, 2022 09:46:00

Shares of CVD Equipment Corporation (NASDAQ:CVV) traded at a new 52-week high today of $13.09. So far today approximately 12.5 million shares have been exchanged, as compared to an average 30-day volume of 53,000 shares.

CVD Equipment Corp is engaged in the manufacturing of chemical vapor deposition equipment, customized gas control systems, the manufacturing of process equipment suitable for the synthesis of a variety of one-dimensional nanostructures and nanomaterials and a line of furnaces, all of which are used to produce semiconductors and other electronic components. The company operates through three segments: CVD, CVD materials and Stainless Design Concepts (SDC). Its CVD division is utilized for silicon, silicon germanium, silicon carbide, and gallium arsenide processes. The CVD segment generates maximum revenue for the company.

There is potential upside of 0.2% for shares of CVD Equipment Corporation based on a current price of $4.82 and an average consensus analyst price target of $4.83.

CVD Equipment Corporation share prices have moved between a 52-week high of $6.37 and the current low of $2.00 and are currently at $4.82 per share.

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