CPS Technologies Corporation (NASDAQ: CPSH) is 577.70% higher on its value in year-to-date trading and has touched a low of $0.88 and a high of $30.00 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The CPSH stock was last observed hovering at around $20.90 in the last trading session, with the day’s loss setting it -2.06%.
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Currently trading at $18.84, the stock is 10.99% and 102.00% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.4 million and changing -9.86% at the moment leaves the stock 407.68% off its SMA200. CPSH registered 1021.43% gain for a year compared to 6-month gain of 995.35%. The firm has a 50-day simple moving average (SMA 50) of $12.55 and a 200-day simple moving average (SMA200) of $4.56.
The stock witnessed a 126.99% loss in the last 1 month and extending the period to 3 months gives it a 856.35%, and is -29.94% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 17.18% over the week and 23.80% over the month.
CPS Technologies Corporation (CPSH) has around 152 employees, a market worth around $253.02M and $22.20M in sales. Current P/E ratio is 168.21. Distance from 52-week low is 2040.91% and -37.20% from its 52-week high. The company has generated returns on investments over the last 12 months (-9.30%).
CPS Technologies Corporation (CPSH) Analyst Forecasts
CPS Technologies Corporation quarterly earnings per share for the current quarter are estimated at $0.The EPS is expected to grow by 82.80% this year.
CPS Technologies Corporation (CPSH) Top Institutional Holders
13 institutions hold shares in CPS Technologies Corporation (CPSH), with 5.15M shares held by insiders accounting for 38.73% while institutional investors hold 9.90% of the company’s shares. The shares outstanding are 13.29M, and float is at 8.08M with Short Float at 5.08%. Institutions hold 6.07% of the Float.
The top institutional shareholder in the company is CIBC Private Wealth Group, LLC with over 0.25 million shares valued at $0.68 million. The investor’s holdings represent 1.84% of the CPSH Shares outstanding. As of Dec 30, 2020, the second largest holder is Vanguard Group, Inc. (The) with 0.19 million shares valued at $0.53 million to account for 1.43% of the shares outstanding. The other top investors are Essex Investment Management Co Inc which holds 0.11 million shares representing 0.83% and valued at over $0.31 million, while Bridgeway Capital Management, Inc. holds 0.58% of the shares totaling 76900.0 with a market value of $0.21 million.
CPS Technologies Corporation (CPSH) Insider Activity
A total of 11 insider transactions have happened at CPS Technologies Corporation (CPSH) in the last six months, with sales accounting for 6 and purchases happening 5 times.
CPS Technologies Corporation (CPSH): Who are the competitors?
The company’s main competitors (and peers) include Materion Corporation (MTRN) that is trading 41.26% up over the past 12 months. Chase Corporation (CCF) is 21.88% up on the 1-year trading charts. Short interest in the company’s stock has risen 84.11% from the last report on Dec 30, 2020 to stand at a total of 65190.0 short shares sold with a short interest ratio of 0.17.