The stock of Technical Communications Corporation (NASDAQ:TCCO) is a huge mover today! About 2.22 million shares traded hands or 4674.60% up from the average. Technical Communications Corporation (NASDAQ:TCCO) has declined 20.07% since March 16, 2016 and is downtrending. It has underperformed by 25.61% the S&P500.
The move comes after 6 months positive chart setup for the $5.53 million company. It was reported on Oct, 19 by Barchart.com. We have $7.52 PT which if reached, will make NASDAQ:TCCO worth $7.47M 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 2016 Q2. Its the same as in 2016Q1. The ratio has no change, 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.
The California-based Wells Fargo And Mn has invested 0% in Technical Communications Corporation (NASDAQ:TCCO). Moreover, Renaissance Technologies Llc has 0% invested in Technical Communications Corporation (NASDAQ:TCCO) for 12,200 shares. Tower Cap Lc (Trc) last reported 0% of its portfolio in the stock. Blackrock Institutional Na holds 75 shares or 0% of its portfolio. Royal Retail Bank Of Canada, a Ontario – Canada-based fund reported 1,000 shares. Manufacturers Life Insur Com The has 0% invested in the company for 146 shares. Dimensional Fund Lp owns 30,503 shares or 0% of their US portfolio. California Employees Retirement Systems accumulated 10,592 shares or 0% of the stock. Morgan Stanley has 25 shares for 0% of their US portfolio.
More news for Technical Communications Corporation (NASDAQ:TCCO) were recently published by: Streetinsider.com, which released: “Technical Communications (TCCO) Set to Open Higher on News of $2.37M Order” on October 18, 2016. Equitiesfocus.com‘s article titled: “PEG Ratio Of Frontier Communications Corporation (NASDAQ:FTR) At -7.280” and published on October 18, 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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