Technical Communications Co. (NASDAQ:TCCO) was the recipient of a significant decrease in short interest during the month of September. As of September 30th, there was short interest totalling 9,200 shares, a decrease of 27.6% from the August 30th total of 12,700 shares. Based on an average daily trading volume, of 13,000 shares, the days-to-cover ratio is presently 0.7 days. Currently, 0.6% of the company’s stock are short sold.
Several research firms recently commented on TCCO. ValuEngine raised Technical Communications from a “hold” rating to a “buy” rating in a report on Tuesday, September 10th. TheStreet lowered Technical Communications from a “c” rating to a “d” rating in a report on Wednesday, July 10th.
NASDAQ:TCCO traded down $0.05 during trading hours on Monday, hitting $2.34. The company’s stock had a trading volume of 4,700 shares, compared to its average volume of 22,982. The stock has a fifty day moving average of $2.54 and a 200-day moving average of $3.39. Technical Communications has a 52-week low of $2.21 and a 52-week high of $5.50.
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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