TSS Inc. (NASDAQ:TSSI - Get Free Report)'s share price reached a new 52-week high during trading on Monday . The stock traded as high as $27.17 and last traded at $26.90, with a volume of 3120925 shares changing hands. The stock had previously closed at $25.61.
Analyst Upgrades and Downgrades
Separately, Wall Street Zen lowered TSS from a "buy" rating to a "hold" rating in a report on Monday.
Get Our Latest Stock Report on TSSI
TSS Price Performance
The company has a current ratio of 0.85, a quick ratio of 0.56 and a debt-to-equity ratio of 0.87. The stock has a market cap of $778.12 million, a PE ratio of 86.39 and a beta of 1.41. The business has a 50-day moving average price of $13.69 and a 200 day moving average price of $11.89.
TSS (NASDAQ:TSSI - Get Free Report) last announced its quarterly earnings data on Thursday, May 15th. The company reported $0.12 earnings per share (EPS) for the quarter. The business had revenue of $98.96 million for the quarter. TSS had a return on equity of 121.89% and a net margin of 3.87%.
Insider Activity
In related news, SVP Kieran Brennan sold 5,000 shares of the firm's stock in a transaction that occurred on Wednesday, May 28th. The shares were sold at an average price of $13.50, for a total value of $67,500.00. Following the completion of the transaction, the senior vice president now directly owns 318,000 shares of the company's stock, valued at approximately $4,293,000. This trade represents a 1.55% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 18.94% of the company's stock.
Institutional Investors Weigh In On TSS
Several institutional investors have recently made changes to their positions in TSSI. Tucker Asset Management LLC purchased a new position in shares of TSS in the fourth quarter valued at $34,000. Bank of America Corp DE bought a new position in TSS in the 4th quarter worth about $40,000. Tower Research Capital LLC TRC purchased a new position in TSS during the 4th quarter valued at about $42,000. Palisades Investment Partners LLC increased its position in shares of TSS by 2.0% during the first quarter. Palisades Investment Partners LLC now owns 257,865 shares of the company's stock valued at $2,024,000 after buying an additional 5,142 shares during the period. Finally, JT Stratford LLC increased its position in shares of TSS by 8.8% during the first quarter. JT Stratford LLC now owns 71,321 shares of the company's stock valued at $560,000 after buying an additional 5,776 shares during the period.
About TSS
(
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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