TSS (NASDAQ:TSSI) Releases Earnings Results

TSS (NASDAQ:TSSI) released its quarterly earnings results on Thursday. The company reported $0.08 EPS for the quarter, Zacks reports. TSS had a net margin of 3.59% and a return on equity of 87.89%.

TSS Stock Up 3.6 %

Shares of NASDAQ:TSSI opened at $8.82 on Friday. TSS has a 12-month low of $0.48 and a 12-month high of $18.26. The company’s 50 day moving average price is $12.08 and its two-hundred day moving average price is $9.77. The firm has a market cap of $210.61 million, a PE ratio of 49.00 and a beta of 0.79.

Institutional Investors Weigh In On TSS

A hedge fund recently bought a new stake in TSS stock. Bank of America Corp DE acquired a new position in shares of TSS, Inc. (NASDAQ:TSSI) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm 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.