CPS Technologies (NASDAQ:CPSH) Earns Hold Rating from Analysts at StockNews.com

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

CPS Technologies Price Performance

CPS Technologies stock opened at $1.52 on Tuesday. CPS Technologies has a one year low of $1.27 and a one year high of $2.59. The business has a fifty day moving average price of $1.45 and a 200-day moving average price of $1.54. The firm has a market capitalization of $22.09 million, a P/E ratio of -10.86 and a beta of 1.25.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in CPS Technologies stock. Virtu Financial LLC bought a new position in CPS Technologies Co. (NASDAQ:CPSH) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 18,266 shares of the electronics maker’s stock, valued at approximately $26,000. Virtu Financial LLC owned approximately 0.13% of CPS Technologies as of its most recent filing with the Securities & Exchange Commission. Institutional investors and hedge funds own 11.18% of the company’s stock.

About CPS Technologies

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.