Technical Communications Corporation (TCCO) Stock: A Tech Stock That’s Seeing Strong Gains

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Technical Communications Corporation (TCCO) is trending up in the market in today’s trading session. The company, focused on the tech industry, is currently priced at $2.45 after heading up 5.27% so far in today’s session. When it comes to technology companies, there are quite a few aspects that have the potential to cause movement in the market. One of the most common is news. Here are the recent headlines relating to TCCO:

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Oct-16-19 05:15PM Technical Communications Corporation Reports Notice from Nasdaq Hearings Panel
Aug-09-19 05:00PM Technical Communications Corporation Reports Results for the Three and Nine Months Ended June 29, 2019
Aug-04-19 10:02PM Penny Stocks to Watch for August 2019
Jun-28-19 05:00PM Technical Communications Corporation Reports Notice of Failure to Satisfy a NASDAQ Continued Listing Rule and Notice of Compliance with Listing Rule Relating to Filing of Required Reports
Jun-21-19 06:30PM Technical Communications Corporation Completes Restatement of Prior Financial Statements; Files Form 10-K for the year ended September 29, 2018 and Forms 10-Q/A for Fiscal 2018; and Files Forms 10-Q for the quarters ended December 29, 2018 and March 30, 2019

However, any time investors are making an investing decision, prospective investors should focus on much more than just news, especially in the ever changing technology space. Here’s what’s going on with Technical Communications Corporation.

Recent Movement Out of TCCO

Although a gain in a single session, like the move that we’re seeing from Technical Communications Corporation may lead to excitement in some investors, a single session move by itself should not be the reason for a decision to, or not to, invest in a stock. It’s generally important to take a look at trends beyond a single trading session. In the case of TCCO, here are the returns on investment that we’ve seen:

  • Past 7 Days – Throughout the last five trading sessions, TCCO has seen a change in value that amounts to 14.08%.
  • Monthly – The monthly ROI from Technical Communications Corporation has been 4.90%.
  • Past Three Months – In the last 3 months, the stock has produced a return on investment that works out to -5.66%
  • Past 6 Months – Throughout the last 6 months, we’ve seen a change that works out to -33.89% from the company.
  • Year To Date – Since the open of this year TCCO has generated a return on investment of -7.45%.
  • Annually – Finally, in the past full year, we’ve seen movement in the amount of -35.11% out of TCCO. Over this period, the stock has traded at a high price of -55.40% and a low price of 16.80%.

Key Ratios

Looking at various key ratios associated with a company generally gives traders a look of how dangerous and/or rewarding a pick may be. Below are a few of the important ratios to consider when looking at TCCO.

Short Ratio – The short ratio is a measure of short interest. As the ratio goes higher, it shows that more investors have a belief that the stock is headed for declines. Throughout the sector, strong technology stocks can come with a lower short ratio. However, we also tend to see quite a few short squeezes in the space. Nonetheless, with regard to Technical Communications Corporation, the stock’s short ratio is 0.86.

Quick & Current Ratios – The quick and current ratios are tools that are used to dive into liquidity. Essentially, they measure the company’s abilities to pay its debts as they mature using current assets or quick assets. Because in tech, several companies rely heavily on the continuation of support from investors as they work to bring new technologies to market, the quick and current ratios can be bad. Nonetheless, some better companies in the tech sector do have great quick and current ratios. When it comes to TCCO, the quick and current ratios come to 1.10 and 2.30 respectively.  

Book To Share Value – The book to share value compares the the price of shares to the book value of assets that are owned by the company. as it relates to Technical Communications Corporation, that ratio equates to 0.64.

Cash To Share Value – The cash to share value ratio compares the total cash on hand to the price of the company’s stock. In terms of TCCO, the cash to share value is 0.

Is Big Money Interested In Technical Communications Corporation

Humans that are into investing seem to be infatuated with the term “Smart money follows big money.” It makes sense. Big money became big money by making smart decisions in the market. So, by following the moves of big money institutions and insiders, we can get a glimpse of what market pros think about a stock. When it comes to big money interest in TCCO, here’s what we’re seeing:

Institutions own 3.20% of the company. Institutional interest has moved by 0 over the past three months. When it comes to insiders, those who are close to the company currently own 21.08% percent of TCCO shares. Institutions have seen ownership changes of an accumulative 0.00% over the last three months.

Analyst Opinions With Regard To Technical Communications Corporation

While it’s not a smart idea to avoid doing your due diligence and blindly following the opinions of analysts, it is a smart idea to use their thoughts when validating your own thoughts when it comes to making an investment decision in the tech sector. Below are the recent moves that we’ve seen from analysts with regard to TCCO.

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Financial Performance

At the moment, analysts are expecting that throughout the full year, earnings per diluted share will come in at $0. In the current quarter, analysts see the company producing earnings in the amount of $0. Over the last 5 years, TCCO has generated revenue in the amount of $-10.00% with earnings coming in at -15.60%. On a quarter over quarter basis, earnings have seen movement of 27.60% and revenue has seen movement of 33.30%.

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 1.78M shares of Technical Communications Corporation 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, TCCO has a float of 1.47M.

It’s also important to pay attention to the short float. Think about it, when a high percentage of the float is sold short, the overall opinion in the market is that the stock is headed for a deep dive. As far as TCCO, the percentage of the float that is sold short is 0.63%. Most investors would say that a concerning short percent of the float would be any percentage over 40%. However, I’ve seen that any short percent of the float over 26% is usually a play that comes with hefty risk.

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