CPS Technologies (NASDAQ:CPSH) Shares Gap Up to $2.32

CPS Technologies Co. (NASDAQ:CPSH)’s stock price gapped up before the market opened on Tuesday . The stock had previously closed at $2.44, but opened at $2.32. CPS Technologies shares last traded at $2.72, with a volume of 44,874 shares trading hands.

A number of brokerages have recently issued reports on CPSH. TheStreet raised shares of CPS Technologies from a “d” rating to a “c” rating in a report on Thursday, May 7th. ValuEngine raised shares of CPS Technologies from a “hold” rating to a “buy” rating in a report on Wednesday, April 1st.

The business’s fifty day moving average price is $1.58 and its 200-day moving average price is $1.27. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.16 and a current ratio of 1.82. The stock has a market cap of $30.65 million, a PE ratio of 42.51 and a beta of 1.42.

CPS Technologies (NASDAQ:CPSH) last announced its quarterly earnings results on Tuesday, May 5th. The electronics maker reported $0.05 earnings per share (EPS) for the quarter. The firm had revenue of $6.51 million for the quarter. CPS Technologies had a net margin of 3.12% and a return on equity of 13.02%.

CPS Technologies Company Profile (NASDAQ:CPSH)

CPS Technologies Corporation produces and sells advanced material solutions to the transportation, automotive, energy, computing/Internet, telecommunication, aerospace, defense, and oil and gas markets. Its products are used in applications that involve energy use or energy generation. The company primarily offers metal matrix composites that are a combination of metal and ceramic, such as baseplates for various applications, including motor controllers used in electric trains, subway cars, wind turbines, and hybrid and electric vehicles; baseplates and housings for use in radar, satellite, and avionics applications, as well as in modules built with wide band gap semiconductors; and lids and heatspreaders used with integrated circuits for use in Internet switches and routers.

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