November 22, 2016 - By Dolores Ford · 0 Comments
Technical Communications Corp (NASDAQ:TCCO) institutional sentiment increased to 1 in Q2 2016. Its up 0.50, from 0.5 in 2016Q1. The ratio is positive, as 2 active investment managers increased and opened new stock positions, while 4 sold and trimmed positions in Technical Communications Corp. The active investment managers in our partner’s database now hold: 55,441 shares, down from 71,810 shares in 2016Q1. Also, the number of active investment managers holding Technical Communications Corp in their top 10 stock positions was flat from 0 to 0 for the same number . Sold All: 1 Reduced: 3 Increased: 1 New Position: 1.
Technical Communications Corporation is engaged in the design, development, manufacture, distribution, marketing and sale of communications security devices, systems and services. The company has a market cap of $4.87 million. The Company’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. It currently has negative earnings. The Company’s products consist primarily of voice, data and facsimile encryptors.
The stock decreased 7.27% or $0.2 on November 21, hitting $2.55. Technical Communications Corporation (NASDAQ:TCCO) has declined 6.25% since April 20, 2016 and is downtrending. It has underperformed by 10.81% the S&P500.
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.”
Blackrock Institutional Trust Company N.A. holds 0% of its portfolio in Technical Communications Corporation for 75 shares. California Public Employees Retirement System owns 10,592 shares or 0% of their US portfolio. Moreover, Dimensional Fund Advisors Lp has 0% invested in the company for 30,503 shares. The Ontario – Canada-based Manufacturers Life Insurance Company The has invested 0% in the stock. Morgan Stanley, a New York-based fund reported 25 shares.#img1#
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.
More news for Technical Communications Corporation (NASDAQ:TCCO) were recently published by: Seekingalpha.com, which released: “Technical Communications Corporation – Will Datron’s New Afghan Contract Lift …” on November 17, 2016. Benzinga.com‘s article titled: “Why Technical Communications Corp Shares Are Rocketing Higher” and published on October 19, 2016 is yet another important article.
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By Dolores Ford