CPS Technologies (NASDAQ:CPSH) Releases Quarterly Earnings Results

CPS Technologies (NASDAQ:CPSH) posted its earnings results on Wednesday. The electronics maker reported ($0.01) earnings per share (EPS) for the quarter, Zacks reports. CPS Technologies had a return on equity of 4.49% and a net margin of 2.92%. The company had revenue of $5.91 million for the quarter.

CPS Technologies Stock Up 3.6 %

NASDAQ CPSH opened at $1.73 on Friday. CPS Technologies has a 12-month low of $1.62 and a 12-month high of $3.50. The firm has a 50-day moving average price of $1.90 and a two-hundred day moving average price of $2.22. The company has a market capitalization of $25.12 million, a P/E ratio of 34.61 and a beta of 1.42.

Wall Street Analyst Weigh In

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

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.