TSS (NASDAQ:TSSI - Get Free Report) was downgraded by Wall Street Zen from a "buy" rating to a "hold" rating in a report issued on Monday.
TSS Trading Up 7.8%
Shares of TSS stock opened at $25.61 on Monday. The company has a debt-to-equity ratio of 0.87, a current ratio of 0.85 and a quick ratio of 0.56. TSS has a 1 year low of $1.85 and a 1 year high of $27.04. The firm has a market cap of $640.76 million, a PE ratio of 71.14 and a beta of 1.40. The company has a 50 day simple moving average of $12.47 and a two-hundred day simple moving average of $11.54.
TSS (NASDAQ:TSSI - Get Free Report) last posted its quarterly earnings data on Thursday, May 15th. The company reported $0.12 earnings per share for the quarter. TSS had a net margin of 3.87% and a return on equity of 121.89%. The firm had revenue of $98.96 million for the quarter.
Insider Buying and Selling at TSS
In other news, SVP Kieran Brennan sold 5,000 shares of the stock in a transaction dated Wednesday, May 28th. The stock was sold at an average price of $13.50, for a total transaction of $67,500.00. Following the transaction, the senior vice president now directly owns 318,000 shares in the company, valued at approximately $4,293,000. This represents a 1.55% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 18.94% of the company's stock.
Institutional Trading of TSS
A number of hedge funds have recently bought and sold shares of TSSI. Palisades Investment Partners LLC bought a new position in TSS during the fourth quarter valued at approximately $2,997,000. Value Aligned Research Advisors LLC bought a new position in shares of TSS during the 4th quarter valued at $2,231,000. Pacer Advisors Inc. bought a new position in shares of TSS during the 1st quarter valued at $1,087,000. Geode Capital Management LLC purchased a new position in TSS in the 4th quarter worth $1,539,000. Finally, NewEdge Advisors LLC raised its position in TSS by 536.7% in the 1st quarter. NewEdge Advisors LLC now owns 141,686 shares of the company's stock worth $1,112,000 after purchasing an additional 119,432 shares during the period.
TSS Company Profile
(
Get Free Report)
TSS, Inc offers planning, design, engineering, construction management, commissioning and maintenance services. It provides these services primarily for specialized facilities such as data centers, communications rooms, call centers, laboratories, trading floors, network operations centers, medical facilities and similar environments.
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