Chicago Rivet & Machine Co. (NYSEAMERICAN:CVR – Get Free Report) shares crossed above its 200-day moving average during trading on Friday. The stock has a 200-day moving average of $11.21 and traded as high as $11.50. Chicago Rivet & Machine shares last traded at $11.30, with a volume of 1,940 shares traded.
Chicago Rivet & Machine Trading Up 3.7%
The firm has a market cap of $10.96 million, a price-to-earnings ratio of -4.17 and a beta of 0.30. The stock’s 50 day moving average is $10.43 and its 200 day moving average is $11.21.
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.
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