Chicago Rivet & Machine Co. (NYSEAMERICAN:CVR – Get Free Report) shares dropped 2% on Monday. The company traded as low as $10.15 and last traded at $10.98. Approximately 3,779 shares traded hands during trading, an increase of 70% from the average daily volume of 2,217 shares. The stock had previously closed at $11.20.
Chicago Rivet & Machine Trading Down 2.0%
The stock has a market cap of $10.65 million, a P/E ratio of -4.05 and a beta of 0.30. The company’s fifty day simple moving average is $10.34 and its 200-day simple moving average is $10.35.
Chicago Rivet & Machine Company Profile
Chicago Rivet & Machine Company is a manufacturer of industrial fastening products and assembly equipment. The company produces rivets and other cold-formed metal components used to join or secure parts in manufactured products.
Its product portfolio includes solid, semi-tubular and tubular rivets, along with related fasteners and specialty components. Chicago Rivet also manufactures automatic riveting and assembly machines, tooling and associated equipment designed for high-volume production applications.
The company serves customers in markets such as automotive, electrical, electronics, appliance and general industrial manufacturing.
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