TSS (NASDAQ:TSSI – Get Free Report) released its quarterly earnings data on Thursday. The company reported $0.08 earnings per share (EPS) for the quarter, Zacks reports. TSS had a return on equity of 87.89% and a net margin of 3.59%. The business had revenue of $50.03 million during the quarter.
TSS Stock Down 3.1 %
Shares of TSSI opened at $8.25 on Friday. The company has a market capitalization of $197.00 million, a price-to-earnings ratio of 45.84 and a beta of 0.79. TSS has a 52-week low of $0.48 and a 52-week high of $18.26. The stock has a 50 day moving average price of $12.00 and a 200 day moving average price of $9.79.
Institutional Trading of TSS
An institutional investor recently bought a new position in TSS stock. Bank of America Corp DE acquired a new stake in TSS, Inc. (NASDAQ:TSSI – Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 3,377 shares of the company’s stock, valued at approximately $40,000.
About TSS
TSS, Inc offers planning, design, engineering, construction management, commissioning and maintenance services. It provides these services primarily for specialized facilities such as data centers, communications rooms, call centers, laboratories, trading floors, network operations centers, medical facilities and similar environments.
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