CPS Technologies (NASDAQ:CPSH) Posts Quarterly Earnings Results

CPS Technologies (NASDAQ:CPSH) announced its earnings results on Wednesday. The electronics maker reported ($0.07) EPS for the quarter, Zacks reports. CPS Technologies had a negative return on equity of 12.02% and a negative net margin of 9.12%.

CPS Technologies Trading Down 3.2 %

CPSH opened at $1.52 on Thursday. The company’s 50 day moving average is $1.73 and its 200-day moving average is $1.56. CPS Technologies has a 1-year low of $1.27 and a 1-year high of $2.46. The company has a market cap of $22.08 million, a P/E ratio of -10.86 and a beta of 1.32.

Analyst Ratings Changes

Separately, StockNews.com initiated coverage on shares of CPS Technologies in a research report on Sunday. They issued a “hold” rating on the 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.