CPS Technologies Corporation [NASDAQ: CPSH] traded at a high on 11/13/20, posting a 25.55 gain after which it closed the day’ session at $1.72. The company report on October 29, 2020 that CPS Technologies Corporation Announces Third Quarter 2020 Results.
CPS Technologies Corporation (NASDAQ: CPSH) today announced revenues of $4.5 million and an operating profit of $253 thousand for the quarter ended September 26, 2020. This compares with revenues of $4.4 million and an operating loss of $479 thousand for the quarter ended September 28, 2019.
For the nine months ending September 26, 2020, revenues are $16.7 million with an operating profit of $1.2 million. This compares with revenue of $16.0 million and an operating loss of $966 thousand for the nine months ended September 28, 2019.
The results of the trading session contributed to over 1659710 shares changing hands. Over the past one week, the price volatility of CPS Technologies Corporation stands at 13.66% while the volatility over the past one month is 7.16%.
The market cap for CPSH stock reached $18.20 million, with 13.21 million shares outstanding and 8.15 million shares in the current float. Compared to the average trading volume of 303.25K shares, CPSH reached a trading volume of 1659710 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about CPS Technologies Corporation [CPSH]?
The Average True Range (ATR) for CPS Technologies Corporation is set at 0.15, with the Price to Sales ratio for CPSH stock in the period of the last 12 months amounting to 0.82. The Price to Book ratio for the last quarter was 3.58, with the Price to Cash per share for the same quarter was set at 0.01.
How has CPSH stock performed recently?
CPS Technologies Corporation [CPSH] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 21.99. With this latest performance, CPSH shares dropped by -2.82% in over the last four-week period, additionally plugging by 21.13% over the last 6 months – not to mention a rise of 63.81% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for CPSH stock in for the last two-week period is set at 59.34, with the RSI for the last a single of trading hit 67.35, and the three-weeks RSI is set at 54.36 for CPS Technologies Corporation [CPSH]. The present Moving Average for the last 50 days of trading for this stock 1.6208, while it was recorded at 1.4620 for the last single week of trading, and 1.5955 for the last 200 days.
CPS Technologies Corporation [CPSH]: Deeper insight into the fundamentals
Operating Margin for any stock indicates how profitable investing would be, and CPS Technologies Corporation [CPSH] shares currently have an operating margin of -2.78 and a Gross Margin at +11.83. CPS Technologies Corporation’s Net Margin is presently recorded at -2.97.
Return on Total Capital for CPSH is now -9.49, given the latest momentum, and Return on Invested Capital for the company is -11.41. Return on Equity for this stock declined to -11.43, with Return on Assets sitting at -7.29. When it comes to the capital structure of this company, CPS Technologies Corporation [CPSH] has a Total Debt to Total Equity ratio set at 26.65. Additionally, CPSH Total Debt to Total Capital is recorded at 21.04, with Total Debt to Total Assets ending up at 15.74. Long-Term Debt to Equity for the company is recorded at 0.43, with the Long-Term Debt to Total Capital now at 0.34.
Reflecting on the efficiency of the workforce at the company, CPS Technologies Corporation [CPSH] managed to generate an average of -$4,199 per employee. Receivables Turnover for the company is 6.01 with a Total Asset Turnover recorded at a value of 2.45.CPS Technologies Corporation’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.20 and a Current Ratio set at 2.10.
Insider trade positions for CPS Technologies Corporation [CPSH]
There are presently around $1 million, or 4.60% of CPSH stock, in the hands of institutional investors. The top three institutional holders of CPSH stocks are: CIBC PRIVATE WEALTH GROUP, LLC with ownership of 245,092, which is approximately New of the company’s market cap and around 0.80% of the total institutional ownership; VANGUARD GROUP INC, holding 116,064 shares of the stock with an approximate value of $0.2 million in CPSH stocks shares; and GWM ADVISORS LLC, currently with $73000.0 in CPSH stock with ownership of nearly New of the company’s market capitalization.
8 institutional holders increased their position in CPS Technologies Corporation [NASDAQ:CPSH] by around 335,018 shares. Additionally, 3 investors decreased positions by around 127,232 shares, while 2 investors held positions by with 41,620 shares. The mentioned changes placed institutional holdings at 503,870 shares, according to the latest SEC report filing. CPSH stock had 5 new institutional investments in for a total of 333,013 shares, while 2 institutional investors sold positions of 127,228 shares during the same period.