TSS Inc. (NASDAQ:TSSI - Get Free Report) shares fell 6.4% during mid-day trading on Tuesday . The company traded as low as $26.81 and last traded at $27.10. 945,114 shares were traded during trading, a decline of 48% from the average session volume of 1,804,344 shares. The stock had previously closed at $28.96.
Analyst Ratings Changes
Separately, Wall Street Zen cut TSS from a "buy" rating to a "hold" rating in a research note on Monday, June 23rd.
Get Our Latest Stock Analysis on TSSI
TSS Stock Performance
The company has a market cap of $668.28 million, a PE ratio of 74.20 and a beta of 1.66. The company has a quick ratio of 0.56, a current ratio of 0.85 and a debt-to-equity ratio of 0.87. The company has a 50-day moving average of $17.13 and a 200-day moving average of $13.00.
TSS (NASDAQ:TSSI - Get Free Report) last issued its quarterly earnings results on Thursday, May 15th. The company reported $0.12 EPS for the quarter. TSS had a return on equity of 121.89% and a net margin of 3.87%. The business had revenue of $98.96 million for the quarter.
Insider Buying and Selling at TSS
In other TSS news, SVP Kieran Brennan sold 5,000 shares of the stock in a transaction on Wednesday, May 28th. The stock was sold at an average price of $13.50, for a total transaction of $67,500.00. Following the sale, the senior vice president directly owned 318,000 shares in the company, valued at approximately $4,293,000. This trade represents a 1.55% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 18.94% of the stock is owned by insiders.
Institutional Trading of TSS
Several institutional investors have recently added to or reduced their stakes in TSSI. Tucker Asset Management LLC purchased a new position in shares of TSS in the 4th quarter worth $34,000. Bank of America Corp DE purchased a new position in shares of TSS in the 4th quarter worth $40,000. Tower Research Capital LLC TRC purchased a new position in shares of TSS in the 4th quarter worth $42,000. Palisades Investment Partners LLC boosted its stake in shares of TSS by 2.0% in the 1st quarter. Palisades Investment Partners LLC now owns 257,865 shares of the company's stock worth $2,024,000 after buying an additional 5,142 shares during the last quarter. Finally, JT Stratford LLC boosted its stake in shares of TSS by 8.8% in the 1st quarter. JT Stratford LLC now owns 71,321 shares of the company's stock worth $560,000 after buying an additional 5,776 shares during the last quarter.
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.
See Also
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