Notable Mover: Technical Communications Corporation Declines A lot Today, Is Now One of The Worst Performer

Notable Mover: Technical Communications Corporation Declines A lot Today, Is Now One of The Worst Performer

The stock of Technical Communications Corporation (NASDAQ:TCCO) is a huge mover today! About 187,317 shares traded hands. Technical Communications Corporation (NASDAQ:TCCO) has risen 6.12% since April 4, 2016 and is uptrending. It has outperformed by 5.02% the S&P500.
The move comes after 6 months negative chart setup for the $4.47M company. It was reported on Nov, 4 by Barchart.com. We have $2.09 PT which if reached, will make NASDAQ:TCCO worth $625,800 less.

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 Q2 2016. Its the same as in 2016Q1. The ratio has no 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.
Morgan Stanley holds 0% of its portfolio in Technical Communications Corporation (NASDAQ:TCCO) for 25 shares. Wells Fargo And Mn accumulated 400 shares or 0% of the stock. California Public Employees Retirement Sys, a California-based fund reported 10,592 shares. Moreover, Tower Ltd Com (Trc) has 0% invested in Technical Communications Corporation (NASDAQ:TCCO) for 500 shares. Dimensional Fund Advisors L P last reported 0% of its portfolio in the stock. Royal Bank & Trust Of Canada holds 0% of its portfolio in Technical Communications Corporation (NASDAQ:TCCO) for 1,000 shares. Renaissance Technology Ltd reported 12,200 shares or 0% of all its holdings. Manufacturers Life Ins The, a Ontario – Canada-based fund reported 146 shares. Blackrock Institutional Tru Na, a California-based fund reported 75 shares.

Another recent and important Technical Communications Corporation (NASDAQ:TCCO) news was published by Benzinga.com which published an article titled: “Why Technical Communications Corp Shares Are Rocketing Higher” on October 19, 2016.

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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