Today’s Market Runner: Time to Buy Technical Communications Corporation After Today’s Significant Increase?

Today's Market Runner: Time to Buy Technical Communications Corporation After Today's Significant Increase?

The stock of Technical Communications Corporation (NASDAQ:TCCO) is a huge mover today! About 113,683 shares traded hands. Technical Communications Corporation (NASDAQ:TCCO) has declined 10.58% since April 14, 2016 and is downtrending. It has underperformed by 15.27% the S&P500.
The move comes after 8 months positive chart setup for the $4.51M company. It was reported on Nov, 16 by We have $6.37 PT which if reached, will make NASDAQ:TCCO worth $6.54 million 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 Q2 2016. Its the same as in 2016Q1. The ratio is the same, 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 25 shares or 0% of its portfolio. Manufacturers Life Ins Co The last reported 146 shares in the company. Tower Research Cap Ltd Com (Trc) has 0% invested in the company for 500 shares. Renaissance Tech Ltd last reported 12,200 shares in the company. Wells Fargo And Commerce Mn accumulated 0% or 400 shares. Blackrock Institutional Comm Na reported 75 shares or 0% of all its holdings. California Pub Employees Retirement Systems reported 10,592 shares or 0% of all its holdings. Royal Comml Bank Of Canada has 0% invested in the company for 1,000 shares. Dimensional Fund Advisors Limited Partnership has 30,503 shares for 0% of their US portfolio.

Another recent and important Technical Communications Corporation (NASDAQ:TCCO) news was published by 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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