Communications Systems, Inc. (JCS) Stock: Here’s Why It’s Up

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Communications Systems, Inc. (JCS) is gaining in the market today. The company, focused on the tech industry, is currently priced at $6.61 after climbing 9.08% so far in today’s session. As it relates to technology stocks, there are quite a few aspects that have the potential to generate movement in the market. News tends to be one of the biggest reasons for the movement. Here are the recent trending headlines associated with JCS:

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Nov-08-19 09:48AM The Zacks Analyst Blog Highlights: Communications Systems, Cirrus Logic, Itron, Alteryx and Fortinet
Nov-07-19 08:02AM U.S. & China Reportedly Agree to Dump Tariffs: 5 Tech Picks
Nov-06-19 09:49AM New Strong Buy Stocks for November 6th
Nov-05-19 08:21AM What Kind Of Share Price Volatility Should You Expect For Communications Systems, Inc. (NASDAQ:JCS)?
Nov-04-19 09:15AM Harmonic (HLIT) Hits Fresh High: Is There Still Room to Run?

However, any time investors are making an investing decision, prospective investors should focus on far more than news, especially in the ever evolving tech industry. Here’s what’s happing when it comes to Communications Systems, Inc..

The Performance That JCS Investors Have Experienced

While a move up on a single session, like the gain that we’re seeing from Communications Systems, Inc. might lead to excitement in some investors, a single session gain alone should not be the basis of a decision to, or not to, invest in a company. It is generally a good idea to look at trends experienced by the stock for a period longer than a single session. When it comes to JCS, below are the returns that we’ve seen:

  • Past 5 Sessions – In the last five trading sessions, JCS has generated a change in value amounting to 5.42%.
  • Past Month – The monthly ROI from Communications Systems, Inc. has been 58.13%.
  • Past 3 Months – In the last 3 months, the company has generated a return of 72.14%
  • Bi-Annually – Throughout the last 6 months, investors have seen a change that amounts to 124.07% from the company.
  • YTD – Since the open of this year JCS has generated a return on investment of 225.62%.
  • Annually – Lastly, over the past year, we’ve seen movement in the amount of 139.49% out of JCS. In this period, the stock has sold at a high price of -5.24% and a low price of 225.62%.

Notable Ratios

Digging into a few key ratios having to do with a company can give prospective traders a look of just how dangerous and/or potentially profitable a pick might be. Below are a few of the important ratios to think about when digging into JCS.

Short Ratio – The short ratio is a measure of short interest. As the short ratio heads up, it shows that more investors believe that the price of the stock is going to fall. Across the sector, strong tech stocks can carry a lower short ratio. On the other hand, we also see quite a few short squeezes in the space. Nonetheless, with regard to Communications Systems, Inc., the stock’s short ratio comes to 0.02.

Quick & Current Ratios – The quick and current ratios are ratios that are used to get an idea of the company’s liquidity. Essentially, they measure the company’s abilities to pay its debts as they mature with only quick assets or current assets. Because in tech, many companies are reliant on continued investor support as they work to bring new technologies to market, the current and quick ratios can be upsetting. Nonetheless, some good picks in the technology space do have positive quick and current ratios. In terms of JCS, the quick and current ratios total up to 3.20 and 4.30 respectively.  

Book To Share Value – The book to share value ratio compares the book value of assets currently owned by the company to the share price. when it comes to Communications Systems, Inc., the book to share value ratio equates to 4.96.

Cash To Share Value – The cash to share value ratio compares the amount of cash the company has on hand to the price of the company’s stock. In this case, the cash to share value works out to 2.36.

Moves From Big Money Players

An interesting fact I’ve come to understand in my brief period on Earth is that smart investors tend to follow big money investors. That is to say, investors that want to keep their investments relatively safe will keep their eyes on investments made by institutional investors as well as insiders. With that said, what does the big money picture look like in regard to JCS? Here’s the information:

Institutions own 39.10% of the company. Institutional interest has moved by 3.71% over the past three months. When it comes to insiders, those who are close to the company currently own 9.50% percent of JCS shares. Institutions have seen ownership changes of an accumulative -0.22% over the last three months.

Analyst Opinions With Regard To Communications Systems, Inc.

Although it’s rarely a smart idea to unknowingly follow the opinions of analysts, it is a smart idea to use their thoughts when validating your own opinions when it comes to making investment decisions in the tech industry. Here are the recent moves that we’ve seen from analysts when it comes to JCS.

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Oct-01-15 Initiated Northland Capital Outperform $12.50

What We’ve Seen In Financial Results

What have ween seen from JCS in terms of financial results?Here’s what we’ve seen:

  • Analyst Expectations – As it stands at the moment, Wall St. analysts have expectations that the company will report EPS that comes to 0, with 0.12 to be reported in the earnings announcement for the current quarter. Although this information isn’t earnings driven, since we are talking about analysts, the stock is currently graded as a 0 considering a scale that ranges from 1 to 5 on which 1 is the worst possible Wall Street analyst grade and 5 is the best possible.
  • 5-Year Sales – In the last half decade, Communications Systems, Inc. has generated a change in sales that works out to be -12.90%. Earnings per share in the past half decade have generated a change of -46.00%.
  • Quarter Over Quarter – when it comes to quarter over quarter data, or Q/Q data as it is generally explained in the human world, Communications Systems, Inc. has generated a change in earnings that comes to a total of 209.80%. Communications Systems, Inc. has also experienced movement in regard to sales that totals 19.00%.

Looking At Share Counts

Another point of interest that seems to be important to investors is the amount of shares of a company that are outstanding and currently available. At the moment, there are 8.50M shares of Communications Systems, Inc. outstanding. Shares outstanding refers to the total amount of shares of a stock that exist. As far as the float goes, or the amount of shares that are actually available on the retail market, JCS has a float of 7.04M.

Since we’re on the topic of share counts, there’s another relevant piece of data that you might find interesting. That would be the short percentage of the float. Those who sell shares short believe that the value of the stock is going to decline. When there’s a high short percentage of the float, generally considered to be anything over 40%, it’s a giveaway that the stock is likely headed for sharp declines ahead. Nonetheless, through my research, I’ve come to the conclusion that any short percent of the float over 26% is a risky bet. When it comes to JCS, the short percent of the float is 0.02%.

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