The trading price of TSS Inc (NASDAQ:TSSI) closed higher on Tuesday, June 17, and closing at $21.79, 0.88% higher than its previous close.
The company’s P/E ratio in the trailing 12-month period was 61.38. In examining the 52-week price action we see that the stock hit a 52-week high of $21.90 and a 52-week low of $1.85. Over the past month, the stock has gained 41.13% in value.
TSS Inc, whose market valuation is $545.19 million at the time of this writing, is expected to release its quarterly earnings report in July. Investors’ optimism about the company’s current quarter earnings report is understandable.
On the technical side, indicators suggest TSSI has a 100% Buy on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 100% Buy, while an average of long term indicators suggests that the stock is currently 100% Buy.
A quick review shows that TSSI’s price is currently 32.80% off the SMA20 and 92.83% off the SMA50. The RSI metric on the 14-day chart is currently showing 72.59, and weekly volatility stands at 11.00%. When measured over the past 30 days, the indicator reaches 8.78%. TSS Inc (NASDAQ:TSSI)’s beta value is currently sitting at 1.45, while the Average True Range indicator is currently displaying 1.89.
To see how TSS Inc stock has been performing in comparison to its peers in the industry, here are the numbers: TSSI stock’s performance was 0.88% in the latest trading, and 962.93% in the past year. TSS Inc has a P/E ratio of 61.38.
An evaluation of the daily trading volume of TSS Inc (NASDAQ:TSSI) indicates that the 3-month average is 2.03 million.
Currently, records show that 23.48 million of the company’s shares remain outstanding. The insiders hold 48.06% of outstanding shares, whereas institutions hold 19.22%. However, since the stock’s price has seen 83.73% year-to-date, investors’ interest is likely to be reignited due to its potential to move even higher.
