Techprecision Corp. (NASDAQ:TPCS – Get Free Report)’s stock price crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $4.09 and traded as high as $5.02. Techprecision shares last traded at $4.86, with a volume of 19,071 shares changing hands.
Analyst Ratings Changes
Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Techprecision in a research note on Friday, July 31st. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company currently has a consensus rating of “Sell”.
View Our Latest Report on TPCS
Techprecision Trading Down 0.6%
Techprecision (NASDAQ:TPCS – Get Free Report) last issued its earnings results on Monday, June 22nd. The industrial products company reported ($0.04) earnings per share (EPS) for the quarter. The company had revenue of $8.09 million during the quarter. Techprecision had a negative return on equity of 20.19% and a negative net margin of 5.26%.
Hedge Funds Weigh In On Techprecision
A number of institutional investors have recently bought and sold shares of the stock. Potomac Capital Management Inc. acquired a new stake in shares of Techprecision during the fourth quarter valued at approximately $1,205,000. ARS Investment Partners LLC lifted its position in shares of Techprecision by 0.7% in the 4th quarter. ARS Investment Partners LLC now owns 314,908 shares of the industrial products company’s stock valued at $1,521,000 after acquiring an additional 2,300 shares in the last quarter. NewEdge Advisors LLC boosted its stake in Techprecision by 55.2% in the 1st quarter. NewEdge Advisors LLC now owns 23,658 shares of the industrial products company’s stock worth $54,000 after purchasing an additional 8,412 shares during the period. North Star Investment Management Corp. grew its position in Techprecision by 699,900.0% during the 4th quarter. North Star Investment Management Corp. now owns 21,000 shares of the industrial products company’s stock worth $101,000 after purchasing an additional 20,997 shares in the last quarter. Finally, JPMorgan Chase & Co. purchased a new position in Techprecision during the 3rd quarter worth approximately $73,000. Hedge funds and other institutional investors own 15.52% of the company’s stock.
About Techprecision
TechPrecision, Inc (NASDAQ:TPCS) specializes in the design, engineering and manufacture of high-precision automated machinery and turnkey production solutions. The company’s core offerings include assembly, test and inspection equipment, servo-electric press systems and custom packaging machines tailored for industries with stringent quality and regulatory requirements. TechPrecision’s products support medical device, pharmaceutical, consumer goods and industrial applications, delivering end-to-end services from concept development and prototyping to full-scale production and after-market support.
Founded in 1987 and headquartered in Fredericksburg, Virginia, TechPrecision operates two primary manufacturing facilities: its U.S.
Further Reading
- Five stocks we like better than Techprecision
- GE Vernova’s AI Power Boom Faces a Profit Test
- Cardinal Health Earnings: Can Perfection Get Priced In Twice?
- Nebius’ Q2 Beat Shows the AI Bottleneck Is Capacity, Not Demand
- Legacy Jet Builders Stall While Embraer Accelerates to New Highs
Receive News & Ratings for Techprecision Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Techprecision and related companies with MarketBeat.com's FREE daily email newsletter.
