Chicago Rivet & Machine (NYSEAMERICAN:CVR) Shares Down 1.6% – Time to Sell?

Chicago Rivet & Machine Co. (NYSEAMERICAN:CVR)’s stock price traded down 1.6% on Tuesday . The company traded as low as $10.54 and last traded at $10.76. Approximately 578 shares traded hands during trading, a decline of 85% from the average daily volume of 3,868 shares. The stock had previously closed at $10.93.

Chicago Rivet & Machine Stock Performance

The firm’s fifty day simple moving average is $10.46 and its 200-day simple moving average is $12.22. The stock has a market cap of $10.44 million, a P/E ratio of -5.12 and a beta of 0.29.

Chicago Rivet & Machine (NYSEAMERICAN:CVR) last posted its quarterly earnings data on Friday, May 8th. The company reported ($0.37) EPS for the quarter. Chicago Rivet & Machine had a negative net margin of 7.15% and a negative return on equity of 10.54%. The firm had revenue of $6.85 million during the quarter.

Chicago Rivet & Machine Company Profile

Chicago Rivet & Machine Co is a Chicago, Illinois–based manufacturer specializing in the design and production of rivets, fasteners and related metal components. The company’s product portfolio includes solid and blind rivets, threaded inserts, screws, bolts, nuts and washers, engineered to meet the requirements of high-precision industrial applications.

Serving a diverse customer base, Chicago Rivet & Machine brings expertise in material selection and heat-treatment processes to deliver fasteners that meet stringent specifications for strength, corrosion resistance and durability.