StockNews.com assumed coverage on shares of TransAct Technologies (NASDAQ:TACT – Free Report) in a research note published on Wednesday morning. The brokerage issued a hold rating on the technology company’s stock.
TransAct Technologies Stock Up 3.3 %
Shares of NASDAQ TACT opened at $3.72 on Wednesday. The stock has a market cap of $37.24 million, a PE ratio of -18.60 and a beta of 1.80. TransAct Technologies has a 52-week low of $3.32 and a 52-week high of $5.86. The business has a 50-day moving average price of $4.27 and a 200 day moving average price of $4.25.
TransAct Technologies (NASDAQ:TACT – Get Free Report) last posted its quarterly earnings data on Thursday, March 13th. The technology company reported ($0.06) earnings per share for the quarter, beating the consensus estimate of ($0.09) by $0.03. The business had revenue of $10.23 million during the quarter, compared to the consensus estimate of $10.37 million. TransAct Technologies had a negative return on equity of 5.08% and a negative net margin of 4.24%. Sell-side analysts anticipate that TransAct Technologies will post -0.3 earnings per share for the current year.
Hedge Funds Weigh In On TransAct Technologies
TransAct Technologies Company Profile
TransAct Technologies Incorporated designs, develops, and markets transaction-based and specialty printers and terminals in the United States and internationally. It offers thermal printers and terminals to generate labels, coupons, and transaction records, such as receipts, tickets, and other documents.
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