CPS Technologies (NASDAQ:CPSH) Research Coverage Started at StockNews.com

StockNews.com initiated coverage on shares of CPS Technologies (NASDAQ:CPSH) in a research note issued to investors on Tuesday morning. The brokerage issued a hold rating on the electronics maker’s stock.

CPS Technologies Price Performance

Shares of CPSH opened at $1.85 on Tuesday. The firm has a fifty day moving average price of $1.66 and a 200 day moving average price of $1.53. The stock has a market cap of $26.81 million, a PE ratio of -13.18 and a beta of 1.22. CPS Technologies has a 1-year low of $1.27 and a 1-year high of $2.54.

CPS Technologies (NASDAQ:CPSH) last announced its earnings results on Wednesday, October 30th. The electronics maker reported ($0.07) earnings per share (EPS) for the quarter. The firm had revenue of $4.25 million during the quarter. CPS Technologies had a negative net margin of 9.12% and a negative return on equity of 12.02%.

Institutional Trading of CPS Technologies

An institutional investor recently bought a new position in CPS Technologies stock. Virtu Financial LLC bought a new stake in CPS Technologies Co. (NASDAQ:CPSH) in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 18,266 shares of the electronics maker’s stock, valued at approximately $26,000. Virtu Financial LLC owned about 0.13% of CPS Technologies as of its most recent filing with the Securities & Exchange Commission. Hedge funds and other institutional investors own 11.18% of the company’s stock.

CPS Technologies Company Profile

CPS Technologies Corporation provides advanced material solutions to the transportation, automotive, energy, computing/internet, telecommunication, aerospace, defense, and oil and gas markets in the United States, Europe, and Asia. The company offers metal matrix composites such as baseplates for various applications, including motor controllers used in electric trains, subway cars, wind turbines, and hybrid and electric vehicles; hermetic packages for use in radar, satellite, and avionics applications; baseplates and housings used in modules built with wide band gap semiconductors; and lids and heat spreaders for use in internet switches and routers.