StockNews.com started coverage on shares of TransAct Technologies (NASDAQ:TACT – Free Report) in a report published on Monday morning. The brokerage issued a buy rating on the technology company’s stock.
TransAct Technologies Price Performance
Shares of TACT opened at $4.32 on Monday. The firm’s 50 day simple moving average is $4.11 and its 200 day simple moving average is $4.40. The company has a market capitalization of $43.20 million, a P/E ratio of 72.00 and a beta of 1.73. TransAct Technologies has a 1-year low of $3.32 and a 1-year high of $7.97.
TransAct Technologies (NASDAQ:TACT – Get Free Report) last announced its earnings results on Thursday, August 8th. The technology company reported ($0.03) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.17) by $0.14. The business had revenue of $11.60 million for the quarter, compared to the consensus estimate of $10.25 million. TransAct Technologies had a negative net margin of 0.97% and a negative return on equity of 1.31%. During the same period last year, the firm posted $0.22 earnings per share. On average, equities analysts anticipate that TransAct Technologies will post -0.26 earnings per share for the current year.
Institutional Investors Weigh In On TransAct Technologies
TransAct Technologies Company Profile
TransAct Technologies Incorporated designs, develops, and markets transaction-based and specialty printers and terminals in the United States and internationally. It offers thermal printers and terminals to generate labels, coupons, and transaction records, such as receipts, tickets, and other documents.
See Also
- Five stocks we like better than TransAct Technologies
- What is a Special Dividend?
- Palo Alto Analysts Drive it to New Highs: 50% Upside Is Possible
- How Can Investors Benefit From After-Hours Trading
- Roblox’s Growth Beyond Kids: Stock Set for Major Moves
- What is the Dow Jones Industrial Average (DJIA)?
- 5 Oversold Stocks to Buy Right Now
Receive News & Ratings for TransAct Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TransAct Technologies and related companies with MarketBeat.com's FREE daily email newsletter.