CPS Technologies (NASDAQ:CPSH) Coverage Initiated by Analysts at StockNews.com

Equities research analysts at StockNews.com started coverage on shares of CPS Technologies (NASDAQ:CPSH) in a report issued on Thursday. The brokerage set a “hold” rating on the electronics maker’s stock.

CPS Technologies Stock Down 0.4 %

Shares of CPSH opened at $1.42 on Thursday. The firm has a market cap of $20.57 million, a PE ratio of 28.33 and a beta of 1.26. The company’s fifty day moving average is $1.40 and its two-hundred day moving average is $1.60. CPS Technologies has a fifty-two week low of $1.27 and a fifty-two week high of $2.68.

CPS Technologies (NASDAQ:CPSH) last released its quarterly earnings results on Wednesday, July 31st. The electronics maker reported ($0.07) earnings per share (EPS) for the quarter. The firm had revenue of $5.03 million for the quarter. CPS Technologies had a negative return on equity of 4.61% and a negative net margin of 3.28%.

Institutional Trading of CPS Technologies

An institutional investor recently bought a new position in CPS Technologies stock. Virtu Financial LLC acquired a new stake in shares of CPS Technologies Co. (NASDAQ:CPSH) during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 15,321 shares of the electronics maker’s stock, valued at approximately $28,000. Virtu Financial LLC owned approximately 0.11% of CPS Technologies as of its most recent filing with the Securities & Exchange Commission. 11.18% of the stock is currently owned by institutional investors.

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.