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 report issued on Wednesday. The brokerage issued a hold rating on the electronics maker’s stock.

CPS Technologies Stock Performance

CPSH opened at $1.54 on Wednesday. The company has a fifty day moving average of $1.47 and a two-hundred day moving average of $1.53. CPS Technologies has a fifty-two week low of $1.27 and a fifty-two week high of $2.59. The stock has a market capitalization of $22.38 million, a price-to-earnings ratio of -11.00 and a beta of 1.22.

Institutional Trading of CPS Technologies

An institutional investor recently bought a new position in CPS Technologies stock. Virtu Financial LLC bought a new position in shares of CPS Technologies Co. (NASDAQ:CPSH) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund 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 at the end of the most recent reporting period. 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.