StockNews.com Initiates Coverage on CPS Technologies (NASDAQ:CPSH)

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

CPS Technologies Trading Up 0.6 %

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 stock has a market cap of $25.84 million, a P/E ratio of 19.78 and a beta of 1.41. The company has a 50 day moving average of $1.99 and a 200 day moving average of $2.27.

CPS Technologies (NASDAQ:CPSH) last released its quarterly earnings results on Wednesday, March 6th. The electronics maker reported $0.01 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.

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.