TechnoPro (OTCMKTS:TCCPY) Sees Unusually-High Trading Volume - Still a Buy?

Key Points

• TechnoPro Holdings, Inc. (OTCMKTS:TCCPY) experienced a significant increase in trading volume, with 193,461 shares traded, marking a 434% rise from the previous session.
• Zacks Research downgraded TechnoPro from a "strong-buy" to a "hold" rating, with the consensus rating across analysts currently being "Hold."
• The current stock price of TechnoPro is $6.46, down by 0.7% from its previous close of $6.51, and the company's fifty-day moving average is $6.02.

Shares of TechnoPro Holdings, Inc. (OTCMKTS:TCCPY - Get Free Report) saw strong trading volume on Tuesday . 193,461 shares traded hands during mid-day trading, an increase of 434% from the previous session's volume of 36,211 shares.The stock last traded at $6.46 and had previously closed at $6.51.

Wall Street Analysts Forecast Growth

Separately, Zacks Research cut shares of TechnoPro from a "strong-buy" rating to a "hold" rating in a research note on Thursday, August 14th. One analyst has rated the stock with a Hold rating, According to MarketBeat.com, the company has an average rating of "Hold".

TechnoPro Stock Performance

The company's fifty day moving average price is $6.09 and its two-hundred day moving average price is $5.10.

TechnoPro Company Profile

TechnoPro Holdings, Inc, through its subsidiaries, operates as a temporary staffing and contract work company in Japan and internationally. It operates through R&D Outsourcing, Construction Management Outsourcing, Domestic and Other Businesses, and Overseas Businesses segments. The company provides engineer dispatch and contract services in technical fields, such as electronics, embedded control, IT networks, business applications, system maintenance and operation, and biochemistry for various industries including automobiles and auto parts, industrial machinery and equipment, information and communication equipment, electrical and electronic equipment, IT, semiconductors, energy, pharmaceuticals, and chemicals.