Chicago Rivet & Machine (NYSEAMERICAN:CVR) Share Price Passes Above 50 Day Moving Average – Should You Sell?

Chicago Rivet & Machine Co. (NYSEAMERICAN:CVR)’s stock price passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $10.26 and traded as high as $10.90. Chicago Rivet & Machine shares last traded at $10.61, with a volume of 830 shares.

Chicago Rivet & Machine Trading Up 2.2%

The business’s 50 day moving average is $10.26 and its two-hundred day moving average is $11.48. The company has a market cap of $10.29 million, a PE ratio of -3.92 and a beta of 0.27.

Chicago Rivet & Machine (NYSEAMERICAN:CVR) last released its earnings results on Friday, May 8th. The company reported ($0.37) EPS for the quarter. Chicago Rivet & Machine had a negative return on equity of 13.77% and a negative net margin of 9.25%.The company 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.