CPS Technologies (NASDAQ:CPSH) Now Covered by StockNews.com

StockNews.com started coverage on shares of CPS Technologies (NASDAQ:CPSH) in a report issued on Sunday. The firm issued a hold rating on the electronics maker’s stock.

CPS Technologies Trading Up 4.1 %

Shares of NASDAQ:CPSH opened at $1.76 on Friday. The firm has a market cap of $25.56 million, a price-to-earnings ratio of -12.57 and a beta of 1.22. CPS Technologies has a 1 year low of $1.27 and a 1 year high of $2.59. The business has a fifty day simple moving average of $1.55 and a 200 day simple moving average of $1.52.

Institutional Investors Weigh In On CPS Technologies

A hedge fund recently bought a new stake 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 filing with the Securities and Exchange Commission (SEC). 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 as of its most recent SEC filing. Institutional investors and hedge funds 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.