Technical Communications (TCCO) Earning Favorable News Coverage, Analysis Shows

Media headlines about Technical Communications (NASDAQ:TCCO) have been trending positive recently, according to Accern Sentiment. The research firm identifies negative and positive media coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Technical Communications earned a news sentiment score of 0.31 on Accern’s scale. Accern also gave media stories about the communications equipment provider an impact score of 42.1247715804563 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

Technical Communications traded down $0.10, hitting $4.15, during trading on Thursday, according to Marketbeat Ratings. The company’s stock had a trading volume of 114 shares, compared to its average volume of 47,571. Technical Communications has a fifty-two week low of $3.60 and a fifty-two week high of $15.40.

Technical Communications (NASDAQ:TCCO) last issued its quarterly earnings results on Monday, May 7th. The communications equipment provider reported ($0.17) earnings per share for the quarter. The business had revenue of ($312.07) million during the quarter. Technical Communications had a negative return on equity of 34.88% and a negative net margin of 28.94%.

Separately, ValuEngine downgraded Technical Communications from a “buy” rating to a “hold” rating in a research report on Wednesday, April 11th.

Technical Communications Company Profile

Technical Communications Corporation designs, develops, manufactures, distributes, markets, and sells communications security devices, systems, and services worldwide. The company primarily provides voice, data, and fax, and voice networks. Its products include government systems, such as DSD 72A-SP military bulk encryptor, CSD 3324 SE telephone/fax encryptor, and the DSP 9000 radio encryption system, as well as the HSE 6000 squad radio headset and telephone encryptor for public safety special operations land mobile radio applications and for military applications.

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