CPS Technologies (NASDAQ:CPSH) Releases Earnings Results

CPS Technologies (NASDAQ:CPSH) posted its quarterly earnings data on Wednesday. The electronics maker reported ($0.01) EPS for the quarter, Zacks reports. CPS Technologies had a net margin of 4.98% and a return on equity of 8.10%. The company had revenue of $5.91 million for the quarter.

CPS Technologies Stock Performance

Shares of NASDAQ:CPSH traded down $0.06 during trading on Thursday, reaching $1.73. 10,479 shares of the stock were exchanged, compared to its average volume of 33,447. The firm has a market cap of $25.05 million, a price-to-earnings ratio of 19.17 and a beta of 1.42. CPS Technologies has a 12-month low of $1.62 and a 12-month high of $3.50. The firm’s 50-day moving average price is $1.92 and its 200 day moving average price is $2.23.

Wall Street Analyst Weigh In

Separately, StockNews.com started coverage on CPS Technologies in a report on Wednesday. They set a “hold” rating for the company.

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.