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

StockNews.com assumed coverage on shares of CPS Technologies (NASDAQ:CPSH) in a research report released on Monday morning. The brokerage issued a hold rating on the electronics maker’s stock.

CPS Technologies Price Performance

CPSH opened at $1.47 on Monday. The company has a market capitalization of $21.34 million, a PE ratio of 29.40 and a beta of 1.28. The business has a 50-day moving average of $1.69 and a 200-day moving average of $1.89. CPS Technologies has a fifty-two week low of $1.40 and a fifty-two week high of $3.08.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in CPS Technologies stock. Virtu Financial LLC bought a new stake in shares of CPS Technologies Co. (NASDAQ:CPSH) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 15,321 shares of the electronics maker’s stock, valued at approximately $28,000. Virtu Financial LLC owned 0.11% of CPS Technologies as of its most recent SEC filing. 11.18% of the stock is owned by institutional investors.

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.