Chicago Rivet & Machine (NYSEAMERICAN:CVR) Shares Up 5.1% – What’s Next?

Shares of Chicago Rivet & Machine Co. (NYSEAMERICAN:CVR) shot up 5.1% during trading on Wednesday . The stock traded as high as $14.74 and last traded at $14.66. 2,461 shares traded hands during trading, a decline of 69% from the average session volume of 8,064 shares. The stock had previously closed at $13.95.

Chicago Rivet & Machine Price Performance

The stock has a fifty day moving average of $11.69 and a 200-day moving average of $11.14. The firm has a market capitalization of $14.22 million, a P/E ratio of -3.26 and a beta of 0.07. The company has a quick ratio of 3.17, a current ratio of 5.97 and a debt-to-equity ratio of 0.02.

Chicago Rivet & Machine (NYSEAMERICAN:CVR) last posted its quarterly earnings data on Friday, November 7th. The company reported $0.07 earnings per share for the quarter. Chicago Rivet & Machine had a negative net margin of 16.69% and a negative return on equity of 21.59%. The firm had revenue of $7.36 million during the quarter.

Chicago Rivet & Machine Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 19th. Investors of record on Friday, December 5th were given a $0.03 dividend. This represents a $0.12 annualized dividend and a yield of 0.8%. The ex-dividend date was Friday, December 5th. Chicago Rivet & Machine’s payout ratio is -3.27%.

About Chicago Rivet & Machine

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.