TechnoPro (OTCMKTS:TCCPY) Shares Down 5.4% - Should You Sell?

Key Points

• TechnoPro Holdings, Inc. shares fell by 5.4%, closing at $6.19, with trading volume significantly down by 88% from the average.
• Analyst ratings for TechnoPro were downgraded from a "strong-buy" to a "hold" by Zacks Research, reflecting cautious sentiment on the stock.
• The company specializes in temporary staffing and contract work across various technical fields, operating in Japan and internationally.

Shares of TechnoPro Holdings, Inc. (OTCMKTS:TCCPY - Get Free Report) were down 5.4% on Monday . The company traded as low as $6.19 and last traded at $6.19. Approximately 5,600 shares were traded during trading, a decline of 88% from the average daily volume of 45,698 shares. The stock had previously closed at $6.55.

Analyst Ratings Changes

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

TechnoPro Stock Down 1.2%

The company has a fifty day moving average of $6.53 and a 200 day moving average of $5.62.

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.

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