Chicago Rivet & Machine (NYSEAMERICAN:CVR) Issues Earnings Results

Chicago Rivet & Machine (NYSEAMERICAN:CVR) issued its earnings results on Friday. The company reported ($0.95) earnings per share (EPS) for the quarter, FiscalAI reports. The business had revenue of $7.53 million for the quarter. Chicago Rivet & Machine had a negative return on equity of 14.07% and a negative net margin of 9.25%.

Chicago Rivet & Machine Stock Performance

Chicago Rivet & Machine stock traded up $0.01 during midday trading on Friday, hitting $10.51. 2,102 shares of the company were exchanged, compared to its average volume of 1,691. The company’s fifty day moving average price is $10.47 and its 200-day moving average price is $11.12. Chicago Rivet & Machine has a fifty-two week low of $8.50 and a fifty-two week high of $15.00.

About Chicago Rivet & Machine

Chicago Rivet & Machine Co (NYSE American: CVR) manufactures and sells rivets, cold-formed metal components, and automated assembly equipment. Its products are used to join, fasten, and assemble components in a range of manufactured goods.

The company serves customers in industries including automotive, electrical and electronics, appliances, hardware, and other industrial markets. Its product offerings include standard and specialty rivets, cold-headed and cold-formed parts, and machinery designed to install rivets and perform related assembly operations.

Founded in 1911, Chicago Rivet & Machine has historically operated as a domestic industrial manufacturer, serving customers primarily through its manufacturing and sales operations in the United States.