The stock of Technical Communications Corporation (NASDAQ:TCCO) is a huge mover today! About 331,157 shares traded hands or 58.57% up from the average. Technical Communications Corporation (NASDAQ:TCCO) has declined 6.25% since April 20, 2016 and is downtrending. It has underperformed by 10.81% the S&P500.
The move comes after 5 months positive chart setup for the $4.96M company. It was reported on Nov, 22 by Barchart.com. We have $3.03 PT which if reached, will make NASDAQ:TCCO worth $198,400 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 increased to 1 in 2016 Q2. Its up 0.50, from 0.5 in 2016Q1. The ratio increased, as 1 funds sold all Technical Communications Corporation shares owned while 3 reduced positions. 1 funds bought stakes while 1 increased positions. They now own 55,441 shares or 22.79% less from 71,810 shares in 2016Q1.
Royal Comml Bank Of Canada reported 1,000 shares or 0% of all its holdings. Wells Fargo And Mn has 400 shares for 0% of their US portfolio. California Employees Retirement Sys owns 10,592 shares or 0% of their US portfolio. Manufacturers Life Insur The has 146 shares for 0% of their US portfolio. Moreover, Dimensional Fund Advsrs Limited Partnership has 0% invested in Technical Communications Corporation (NASDAQ:TCCO) for 30,503 shares. Blackrock Institutional Trust Comm Na last reported 75 shares in the company. Tower Capital Ltd Liability Company (Trc) has 0% invested in the company for 500 shares. Moreover, Renaissance Technologies Lc has 0% invested in Technical Communications Corporation (NASDAQ:TCCO) for 12,200 shares. Morgan Stanley holds 0% of its portfolio in Technical Communications Corporation (NASDAQ:TCCO) for 25 shares.
More news for Technical Communications Corporation (NASDAQ:TCCO) were recently published by: Seekingalpha.com, which released: “Technical Communications Corporation – Will Datron’s New Afghan Contract Lift …” on November 17, 2016. Benzinga.com‘s article titled: “Why Technical Communications Corp Shares Are Rocketing Higher” and published on October 19, 2016 is yet another important article.
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 Companyâ€™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 Companyâ€™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 Companyâ€™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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