Published on 20 Sep 2023 on Simply Wall St. via Yahoo Finance
CPS Technologies (NASDAQ:CPSH) has had a rough three months with its share price down 6.4%. However, stock prices are usually driven by a company’s financial performance over the long term, which in this case looks quite promising. In this article, we decided to focus on CPS Technologies' ROE.
Return on equity or ROE is an important factor to be considered by a shareholder because it tells them how effectively their capital is being reinvested. In short, ROE shows the profit each dollar generates with respect to its shareholder investments.
Check out our latest analysis for CPS Technologies