CPS Technologies (NASDAQ:CPSH) Stock Price Crosses Below 200-Day Moving Average of $2.28

CPS Technologies Co. (NASDAQ:CPSH)’s share price crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $2.28 and traded as low as $1.76. CPS Technologies shares last traded at $1.78, with a volume of 8,189 shares traded.

Analyst Upgrades and Downgrades

Separately, StockNews.com began coverage on CPS Technologies in a research note on Tuesday. They set a “hold” rating on the stock.

CPS Technologies Trading Down 2.2 %

The firm has a market capitalization of $25.85 million, a P/E ratio of 19.78 and a beta of 1.41. The stock’s 50-day simple moving average is $2.01 and its 200-day simple moving average is $2.28.

CPS Technologies (NASDAQ:CPSH) last released its earnings results on Wednesday, March 6th. The electronics maker reported $0.01 earnings per share (EPS) for the quarter. The company had revenue of $6.75 million during the quarter. CPS Technologies had a return on equity of 8.10% and a net margin of 4.98%.

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.