TechnoPro (OTCMKTS:TCCPY) Shares Gap Down - Here's What Happened

Key Points

• TechnoPro Holdings, Inc. experienced a gap down in share price, opening at $6.30 after closing the previous day at $6.52.
• Zacks Research downgraded TechnoPro from a "strong-buy" to a "hold" rating, aligning with the consensus rating of "Hold" among analysts.
• TechnoPro's stock is currently down 3.4% and has moving averages of $6.54 (50-day) and $5.64 (200-day).

Shares of TechnoPro Holdings, Inc. (OTCMKTS:TCCPY - Get Free Report) gapped down prior to trading on Thursday . The stock had previously closed at $6.52, but opened at $6.30. TechnoPro shares last traded at $6.30, with a volume of 184 shares.

Wall Street Analysts Forecast Growth

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

TechnoPro Stock Down 3.4%

The stock has a 50 day moving average price of $6.54 and a two-hundred day moving average price of $5.64.

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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