ValuEngine Downgrades Technical Communications (NASDAQ:TCCO) to Hold

ValuEngine downgraded shares of Technical Communications (NASDAQ:TCCO) from a buy rating to a hold rating in a research note issued to investors on Tuesday, ValuEngine reports.

Separately, TheStreet cut Technical Communications from a c rating to a d rating in a research report on Wednesday, July 10th.

NASDAQ:TCCO opened at $2.67 on Tuesday. Technical Communications has a 12-month low of $2.21 and a 12-month high of $5.50. The stock has a 50-day moving average price of $2.80 and a 200 day moving average price of $3.45.

Technical Communications (NASDAQ:TCCO) last released its earnings results on Friday, August 9th. The communications equipment provider reported ($0.18) earnings per share (EPS) for the quarter. Technical Communications had a negative return on equity of 12.63% and a negative net margin of 2.89%. The business had revenue of $1.24 million for the quarter.

About Technical Communications

Technical Communications Corporation designs, develops, manufactures, distributes, markets, and sells communications security devices, systems, and services worldwide. The company primarily provides voice, data, and fax, and voice networks. Its products include government systems, such as DSD 72A-SP military bulk encryptor, CSD 3324 SE telephone/fax encryptor, and the DSP 9000 radio encryption system, as well as the HSE 6000 squad radio headset and telephone encryptor for public safety special operations land mobile radio applications and for military applications.

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To view ValuEngine’s full report, visit ValuEngine’s official website.

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