CPS Technologies (NASDAQ:CPSH) Earns Hold Rating from Analysts at StockNews.com

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

CPS Technologies Price Performance

CPSH opened at $1.79 on Tuesday. The stock’s 50 day simple moving average is $1.97 and its 200 day simple moving average is $2.26. The stock has a market cap of $25.99 million, a P/E ratio of 19.67 and a beta of 1.41. CPS Technologies has a 1-year low of $1.62 and a 1-year high of $3.50.

CPS Technologies (NASDAQ:CPSH) last announced its quarterly earnings results on Wednesday, March 6th. The electronics maker reported $0.01 earnings per share for the quarter. The business 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%.

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.