Price Action Don’t Lie: Technical Communications Corporation Can’t Be More Safe. Trades Significantly Higher

Price Action Don't Lie: Technical Communications Corporation Can't Be More Safe. Trades Significantly Higher

The stock of Technical Communications Corporation (NASDAQ:TCCO) is a huge mover today! The stock increased 28.26% or $0.65 during the last trading session, hitting $2.95. About 1.84 million shares traded hands or 1095.32% up from the average. Technical Communications Corporation (NASDAQ:TCCO) has declined 17.27% since April 1, 2016 and is downtrending. It has underperformed by 18.48% the S&P500.
The move comes after 5 months positive chart setup for the $5.43M company. It was reported on Nov, 3 by Barchart.com. We have $8.73 PT which if reached, will make NASDAQ:TCCO worth $10.64M more.

Analysts await Technical Communications Corporation (NASDAQ:TCCO) to report earnings on December, 5.

According to Zacks Investment Research, “Technical Communications Corporation designs, manufactures, and supports superior grade secure communications systems that protect highly sensitive information transmitted over a wide range of data, voice and fax networks. TCC’s security solutions protect information privacy on every continent in over hundred countries. Government agencies, militaries, financial institutions, telecommunications carriers and multinational corporations worldwide rely on TCC to protect their communications networks.”

Insitutional Activity: The institutional sentiment is 0.5 in 2016 Q2. Its the same as in 2016Q1. The ratio is without change, as 1 funds sold all Technical Communications Corporation shares owned while 3 reduced positions. only 1 funds bought stakes while 1 increased positions. They now own 55,441 shares or 22.79% less from 71,810 shares in 2016Q1.
Moreover, Royal Fincl Bank Of Canada has 0% invested in Technical Communications Corporation (NASDAQ:TCCO) for 1,000 shares. California Employees Retirement Systems holds 0% of its portfolio in Technical Communications Corporation (NASDAQ:TCCO) for 10,592 shares. Dimensional Fund Advisors Lp holds 0% or 30,503 shares in its portfolio. Blackrock Institutional Na last reported 75 shares in the company. Renaissance Technology Ltd Liability Corporation last reported 0% of its portfolio in the stock. The New York-based Morgan Stanley has invested 0% in Technical Communications Corporation (NASDAQ:TCCO). Manufacturers Life Insurance The holds 0% of its portfolio in Technical Communications Corporation (NASDAQ:TCCO) for 146 shares. Wells Fargo & Company Mn has invested 0% of its portfolio in Technical Communications Corporation (NASDAQ:TCCO). Tower Rech Cap Ltd Liability (Trc) holds 0% of its portfolio in Technical Communications Corporation (NASDAQ:TCCO) for 500 shares.

More recent Technical Communications Corporation (NASDAQ:TCCO) news were published by: Benzinga.com which released: “Why Technical Communications Corp Shares Are Rocketing Higher” on October 19, 2016. Also Equitiesfocus.com published the news titled: “50-day Moving Average Of Technical Communications Corporation (NASDAQ:TCCO) At …” on October 26, 2016. Benzinga.com‘s news article titled: “15 Biggest Mid-Day Gainers For Wednesday” with publication date: October 19, 2016 was also an interesting one.

TCCO Company Profile

Technical Communications Corporation (TCC), incorporated on June 27, 1961, is engaged in the design, development, manufacture, distribution, marketing and sale of communications security devices, systems and services. The Company’s products consist of electronic devices that enable users to transmit information in an encrypted format and permit recipients to reconstitute the information in a deciphered format if the recipient possesses the right decryption key. The Company’s products can be used to protect confidentiality in communications between radios, telephones, mobile phones, facsimile machines and data network equipment over wires, fiber optic cables, radio waves, and microwave and satellite links. The principal markets for the Company’s products are foreign and domestic governmental agencies, law enforcement and military agencies, financial institutions, and multinational companies requiring protection of mission-critical information. During the fiscal year ended September 28, 2013 (fiscal 2013), TCC completed the expansion of its optical encryptor product line, which includes variants for military (DSD 72A-SP (STM)), rugged industrial (DSD 72B-SP (RI)) and industrial (DSD 72B-SP (I)) environments operating at speeds of 155 Mb/s and 622 Mb/s. During fiscal 2013, it completed the development and production of the HSE 6000 squad radio headset encryptor for land mobile radio application.

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