The stock price of CPS Technologies Corporation (NASDAQ: CPSH) has surged by 2.11 when compared to previous closing price of 1.42, but the company has seen a 2.36% gain in its stock price over the last five trading sessions. globenewswire.com reported 2024-10-30 that LAS VEGAS, Oct. 30, 2024 (GLOBE NEWSWIRE) — Consumer Portfolio Services, Inc. (Nasdaq: CPSS) (“CPS” or the “Company”) today announced that it will hold a conference call on Friday, November 1, 2024 at 1:00 p.m. ET to discuss its third quarter 2024 operating results.
Is It Worth Investing in CPS Technologies Corporation (NASDAQ: CPSH) Right Now?
The 36-month beta value for CPSH is at 1.26. Analysts have varying views on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”
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The public float for CPSH is 11.30M, and currently, shorts hold a 0.92% of that float. The average trading volume for CPSH on October 31, 2024 was 27.75K shares.
CPSH’s Market Performance
CPSH stock saw an increase of 2.36% in the past week, with a monthly gain of 4.71% and a quarterly increase of -9.38%. The volatility ratio for the week is 3.57%, and the volatility levels for the last 30 days are 3.74% for CPS Technologies Corporation (CPSH). The simple moving average for the past 20 days is 1.32% for CPSH’s stock, with a -17.58% simple moving average for the past 200 days.
CPSH Trading at 3.43% from the 50-Day Moving Average
After a stumble in the market that brought CPSH to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -45.90% of loss for the given period.
Volatility was left at 3.74%, however, over the last 30 days, the volatility rate increased by 3.57%, as shares surge +2.11% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +5.07% upper at present.
During the last 5 trading sessions, CPSH rose by +2.36%, which changed the moving average for the period of 200-days by -36.68% in comparison to the 20-day moving average, which settled at $1.4312. In addition, CPS Technologies Corporation saw -38.30% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at CPSH starting from Griffith Charles Kellogg Jr, who purchase 1,000 shares at the price of $1.43 back on Sep 17 ’24. After this action, Griffith Charles Kellogg Jr now owns 36,792 shares of CPS Technologies Corporation, valued at $1,430 using the latest closing price.
Snow Daniel C, the Director of CPS Technologies Corporation, purchase 2,500 shares at $1.80 during a trade that took place back on Mar 12 ’24, which means that Snow Daniel C is holding 8,608 shares at $4,500 based on the most recent closing price.
Stock Fundamentals for CPSH
Current profitability levels for the company are sitting at:
- -0.05 for the present operating margin
- 0.13 for the gross margin
The net margin for CPS Technologies Corporation stands at -0.03. The total capital return value is set at -0.08. Equity return is now at value -4.71, with -3.69 for asset returns.
Based on CPS Technologies Corporation (CPSH), the company’s capital structure generated 0.02 points at debt to capital in total, while cash flow to debt ratio is standing at -1.66. The debt to equity ratio resting at 0.02. The interest coverage ratio of the stock is -0.01.
Currently, EBITDA for the company is 2.19 million with net debt to EBITDA at 7.28. When we switch over and look at the enterprise to sales, we see a ratio of 0.63. The receivables turnover for the company is 5.62for trailing twelve months and the total asset turnover is 1.19. The liquidity ratio also appears to be rather interesting for investors as it stands at 4.50.
Conclusion
In conclusion, CPS Technologies Corporation (CPSH) has had a mixed performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
