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

Analysts at StockNews.com started coverage on shares of CPS Technologies (NASDAQ:CPSH) in a note issued to investors on Monday. The firm set a “hold” rating on the electronics maker’s stock.

CPS Technologies Stock Up 2.8 %

CPSH stock opened at $1.81 on Monday. The business has a fifty day moving average of $1.58 and a two-hundred day moving average of $1.52. The stock has a market cap of $26.30 million, a price-to-earnings ratio of -12.93 and a beta of 1.22. CPS Technologies has a 52-week low of $1.27 and a 52-week high of $2.59.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in CPS Technologies stock. Virtu Financial LLC purchased a new position in shares of CPS Technologies Co. (NASDAQ:CPSH) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 18,266 shares of the electronics maker’s stock, valued at approximately $26,000. Virtu Financial LLC owned about 0.13% of CPS Technologies at the end of the most recent reporting period. 11.18% of the stock is owned by institutional investors and hedge funds.

CPS Technologies Company Profile

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.