CPS Technologies (NASDAQ:CPSH) Coverage Initiated at StockNews.com

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

CPS Technologies Trading Down 2.2 %

Shares of NASDAQ:CPSH opened at $1.78 on Tuesday. CPS Technologies has a 12 month low of $1.62 and a 12 month high of $3.50. The company has a 50-day moving average price of $2.01 and a 200 day moving average price of $2.28. The company has a market cap of $25.85 million, a price-to-earnings ratio of 19.78 and a beta of 1.41.

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

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.