Stock analysts at StockNews.com have started reporting on shares of CPS Technologies (NASDAQ:CPSH – Get Free Report) in a research note issued to investors on Saturday. The company gave the electronics maker’s shares a “hold” rating.

CPS Technologies Price Performance

Shares of CPSH opened at $1.72 on Friday. The stock’s 50-day moving average price is $1.73 and its 200-day moving average price is $1.96. The company has a market cap of $24.97 million, a price-to-earnings ratio of 34.41, and a beta of 1.28. CPS Technologies has a 52-week low of $1.60 and a 52-week high of $3.08.

CPS Technologies (NASDAQ:CPSH – Get Free Report) last released its quarterly earnings results on Wednesday, May 01. The electronics manufacturer reported ($0.01) EPS for the quarter. CPS Technologies had a return on equity of 4.47% and a net margin of 2.92%. The company had revenue of $5.91 million during the quarter.

Hedge funds weigh in on CPS technologies

An institutional investor recently purchased a new position in shares of CPS Technologies. Virtu Financial LLC purchased a new stake in CPS Technologies Co. (NASDAQ:CPSH – Free Report) during the first quarter, according to the company’s most recent Form 13F filing with the SEC. The company bought 15,321 shares of the electronics manufacturer’s stock, valued at about $28,000. Virtu Financial LLC owned 0.11% of CPS Technologies at the time of its most recent filing with the SEC. Institutional investors and hedge funds hold 11.18% of the stock.

About CPS Technologies

(Get free report)

CPS Technologies Corporation provides advanced materials solutions for the transportation, automotive, energy, computer/Internet, telecommunications, aerospace, defense, and oil and gas markets in the United States, Europe and Asia. The Company offers metal matrix composites such as baseplates for a variety of applications, including motor controllers used in electric trains, subways, 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 bandgap semiconductors; and covers and heat spreaders for use in Internet switches and routers.

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