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

Investment analysts at StockNews.com assumed coverage on shares of CPS Technologies (NASDAQ:CPSH) in a report released on Thursday. The firm set a “hold” rating on the electronics maker’s stock.

CPS Technologies Price Performance

Shares of CPSH opened at $1.85 on Thursday. The company has a market capitalization of $26.86 million, a price-to-earnings ratio of 37.00 and a beta of 1.42. CPS Technologies has a fifty-two week low of $1.62 and a fifty-two week high of $3.50. The business’s 50-day moving average is $1.86 and its 200-day moving average is $2.20.

CPS Technologies (NASDAQ:CPSH) last announced its quarterly earnings results on Wednesday, May 1st. The electronics maker reported ($0.01) EPS for the quarter. CPS Technologies had a net margin of 2.92% and a return on equity of 4.49%. The company had revenue of $5.91 million during the quarter.

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.