Technical Communications (NASDAQ:TCCO) Upgraded to “Buy” at ValuEngine

ValuEngine upgraded shares of Technical Communications (NASDAQ:TCCO) from a hold rating to a buy rating in a research note released on Thursday, ValuEngine reports.

Separately, TheStreet lowered shares of Technical Communications from a c rating to a d rating in a report on Wednesday, July 10th.

NASDAQ TCCO traded down $0.10 on Thursday, hitting $2.35. The company had a trading volume of 14,356 shares, compared to its average volume of 27,929. The stock has a market capitalization of $4.40 million, a P/E ratio of 12.14 and a beta of 1.26. The company’s fifty day moving average price is $3.32. Technical Communications has a 12-month low of $2.21 and a 12-month high of $5.95.

Technical Communications (NASDAQ:TCCO) last issued its quarterly earnings results on Friday, June 21st. The communications equipment provider reported ($0.13) EPS for the quarter. The company had revenue of $1.11 million during the quarter. Technical Communications had a return on equity of 26.04% and a net margin of 6.28%.

About Technical Communications

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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To view ValuEngine’s full report, visit ValuEngine’s official website.

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