TSS (NASDAQ:TSSI) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of TSS (NASDAQ:TSSI) from a hold rating to a buy rating in a report published on Sunday morning.

TSS Trading Up 0.9%

Shares of TSSI stock opened at $21.79 on Friday. TSS has a 12 month low of $1.85 and a 12 month high of $22.20. The company has a quick ratio of 0.56, a current ratio of 0.85 and a debt-to-equity ratio of 0.87. The business’s 50 day moving average is $11.44 and its two-hundred day moving average is $11.24. The company has a market cap of $545.19 million, a PE ratio of 60.53 and a beta of 1.41.

TSS (NASDAQ:TSSI) last announced its quarterly earnings data on Thursday, May 15th. The company reported $0.12 earnings per share (EPS) for the quarter. The business had revenue of $98.96 million for the quarter. TSS had a net margin of 3.87% and a return on equity of 121.89%.

Insider Transactions at TSS

In other news, SVP Kieran Brennan sold 5,000 shares of the firm’s stock in a transaction on Wednesday, May 28th. The shares were sold at an average price of $13.50, for a total value of $67,500.00. Following the sale, the senior vice president now owns 318,000 shares in the company, valued at approximately $4,293,000. This trade represents a 1.55% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 18.94% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On TSS

Hedge funds and other institutional investors have recently modified their holdings of the stock. D.A. Davidson & CO. acquired a new stake in shares of TSS in the fourth quarter worth $850,000. Northern Trust Corp acquired a new stake in TSS during the fourth quarter worth $324,000. Wells Fargo & Company MN acquired a new stake in TSS during the fourth quarter worth $114,000. Rockefeller Capital Management L.P. acquired a new stake in TSS during the fourth quarter worth $552,000. Finally, Tower Research Capital LLC TRC acquired a new stake in TSS during the fourth quarter worth $42,000.

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.