The trading price of TSS Inc (NASDAQ:TSSI) closed lower on Monday, May 05, and closing at $6.87, -9.72% lower than its previous close.
The company’s P/E ratio in the trailing 12-month period was 28.55. In examining the 52-week price action we see that the stock hit a 52-week high of $18.26 and a 52-week low of $0.81. Over the past month, the stock has gained 2.69% in value.
TSS Inc, whose market valuation is $171.95 million at the time of this writing, is expected to release its quarterly earnings report in June. Investors’ optimism about the company’s current quarter earnings report is understandable. Analysts have predicted the quarterly earnings per share to grow by 0 per share this quarter, however they have predicted annual earnings per share of 0 for current year and 0 for next year.
On the technical side, indicators suggest TSSI has a 100% Sell on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 50% Sell, while an average of long term indicators suggests that the stock is currently 50% Sell.
A quick review shows that TSSI’s price is currently -4.21% off the SMA20 and -18.37% off the SMA50. The RSI metric on the 14-day chart is currently showing 42.62, and weekly volatility stands at 8.57%. When measured over the past 30 days, the indicator reaches 10.75%. TSS Inc (NASDAQ:TSSI)’s beta value is currently sitting at 1.03, while the Average True Range indicator is currently displaying 0.80.
To see how TSS Inc stock has been performing in comparison to its peers in the industry, here are the numbers: TSSI stock’s performance was -9.72% in the latest trading, and 748.15% in the past year. TSS Inc has a P/E ratio of 28.55.
An evaluation of the daily trading volume of TSS Inc (NASDAQ:TSSI) indicates that the 3-month average is 964.37K.
Currently, records show that 23.11 million of the company’s shares remain outstanding. The insiders hold 47.69% of outstanding shares, whereasinstitutions hold 11.37%. However, since the stock’s price has seen -42.07% year-to-date, investors’ interest is likely to be reignited due to its potential to move even lower.
