TransAct Technologies Incorporated (NASDAQ:TACT - Get Free Report)'s stock price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $3.84 and traded as high as $5.43. TransAct Technologies shares last traded at $5.35, with a volume of 45,841 shares changing hands.
TransAct Technologies Price Performance
The firm has a market cap of $53.99 million, a PE ratio of -6.22 and a beta of 1.06. The stock has a 50-day moving average price of $4.26 and a 200 day moving average price of $3.84.
TransAct Technologies (NASDAQ:TACT - Get Free Report) last posted its quarterly earnings results on Wednesday, August 6th. The technology company reported ($0.01) EPS for the quarter, beating the consensus estimate of ($0.05) by $0.04. The company had revenue of $13.80 million during the quarter, compared to analysts' expectations of $12.55 million. TransAct Technologies had a negative return on equity of 4.02% and a negative net margin of 18.00%. As a group, equities research analysts anticipate that TransAct Technologies Incorporated will post -0.3 earnings per share for the current year.
Institutional Investors Weigh In On TransAct Technologies
A number of institutional investors have recently bought and sold shares of the stock. Silverberg Bernstein Capital Management LLC grew its holdings in TransAct Technologies by 31.2% in the second quarter. Silverberg Bernstein Capital Management LLC now owns 544,259 shares of the technology company's stock valued at $1,992,000 after purchasing an additional 129,289 shares during the period. Quinn Opportunity Partners LLC grew its stake in shares of TransAct Technologies by 68.3% during the 2nd quarter. Quinn Opportunity Partners LLC now owns 64,288 shares of the technology company's stock valued at $235,000 after buying an additional 26,083 shares during the period. Finally, Northern Trust Corp grew its stake in shares of TransAct Technologies by 33.8% during the 4th quarter. Northern Trust Corp now owns 52,956 shares of the technology company's stock valued at $217,000 after buying an additional 13,386 shares during the period. 74.46% of the stock is currently owned by hedge funds and other institutional investors.
About TransAct Technologies
(
Get Free Report)
TransAct Technologies Incorporated designs, develops, and markets transaction-based and specialty printers and terminals in the United States and internationally. It offers thermal printers and terminals to generate labels, coupons, and transaction records, such as receipts, tickets, and other documents.
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