CPS Technologies Corp. (CPSH) Issues Earnings Results
CPS Technologies Corp. (NASDAQ:CPSH) released its quarterly earnings data on Wednesday. The electronics maker reported ($0.03) EPS for the quarter, Bloomberg Earnings reports. CPS Technologies Corp. had a negative return on equity of 11.68% and a negative net margin of 9.67%. The firm had revenue of $3.72 million during the quarter.
Shares of CPS Technologies Corp. (NASDAQ:CPSH) traded down 5.97% during midday trading on Thursday, reaching $1.26. The company’s stock had a trading volume of 25,598 shares. The company has a 50-day moving average price of $1.25 and a 200-day moving average price of $1.41. The firm’s market cap is $16.64 million. CPS Technologies Corp. has a 12 month low of $1.02 and a 12 month high of $2.20.
Separately, ValuEngine raised CPS Technologies Corp. from a “sell” rating to a “hold” rating in a research report on Friday, May 19th.
CPS Technologies Corp. Company Profile
CPS Technologies Corporation (CPS) provides material solutions to the transportation, automotive, energy, computing/Internet, telecommunications, aerospace, defense, and oil and gas end markets. Its primary material solution is metal matrix composites (MMCs), which are a class of materials consisting of a combination of metal and ceramic.
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