Somewhat Favorable News Coverage Somewhat Unlikely to Affect TSR (TSRI) Share Price
Media headlines about TSR (NASDAQ:TSRI) have been trending somewhat positive recently, according to Accern. The research group identifies negative and positive news coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. TSR earned a news impact score of 0.09 on Accern’s scale. Accern also assigned media coverage about the technology company an impact score of 45.7360861625988 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Separately, ValuEngine raised shares of TSR from a “hold” rating to a “buy” rating in a research note on Tuesday, June 26th.
NASDAQ:TSRI remained flat at $$7.50 during mid-day trading on Friday. 1,833 shares of the company traded hands, compared to its average volume of 7,100. The stock has a market capitalization of $14.72 million, a PE ratio of 30.00 and a beta of 1.01. TSR has a 12 month low of $3.80 and a 12 month high of $9.40.
In other TSR news, major shareholder Joseph F. Hughes sold 819,491 shares of TSR stock in a transaction that occurred on Friday, July 20th. The shares were sold at an average price of $6.25, for a total transaction of $5,121,818.75. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, major shareholder Zeff Capital, Lp bought 55,680 shares of the company’s stock in a transaction on Thursday, August 23rd. The shares were bought at an average price of $7.77 per share, with a total value of $432,633.60. Following the completion of the transaction, the insider now owns 432,674 shares of the company’s stock, valued at $3,361,876.98. The disclosure for this purchase can be found here. 1.30% of the stock is currently owned by insiders.
TSR Company Profile
TSR, Inc provides contract computer programming services in the New York metropolitan area, New England, and the Mid-Atlantic region. It offers technical computer personnel to supplement the in-house information technology capabilities of its customers in the areas of .net and java application development, android and IOS mobile application platform development, project management, IT security, cloud development and architecture, UI design and development, network infrastructure and support, and database development and administration, as well as provides business analysts.
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