Chicago Rivet & Machine (NYSEAMERICAN:CVR) Stock Passes Above Fifty Day Moving Average – Time to Sell?

Chicago Rivet & Machine Co. (NYSEAMERICAN:CVR) passed above its fifty day moving average during trading on Friday . The stock has a fifty 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 traded.

Chicago Rivet & Machine Stock Up 2.2%

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

Chicago Rivet & Machine (NYSEAMERICAN:CVR) last issued its quarterly earnings results on Friday, May 8th. The company reported ($0.37) EPS for the quarter. Chicago Rivet & Machine had a negative net margin of 9.25% and a negative return on equity of 13.77%. The firm had revenue of $6.85 million for the quarter.

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.