Techprecision (NASDAQ:TPCS) Share Price Crosses Above 200 Day Moving Average – Time to Sell?

Techprecision Corp. (NASDAQ:TPCS)’s stock price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $4.13 and traded as high as $4.63. Techprecision shares last traded at $4.58, with a volume of 19,860 shares.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Techprecision in a report on Monday, May 4th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Techprecision has a consensus rating of “Sell”.

Techprecision Trading Up 0.2%

The firm has a fifty day moving average of $4.15 and a two-hundred day moving average of $4.13. The company has a market cap of $45.89 million, a PE ratio of -26.94 and a beta of 0.41.

Techprecision (NASDAQ:TPCS) last released its quarterly earnings data on Monday, June 22nd. The industrial products company reported ($0.04) EPS for the quarter. The business had revenue of $8.09 million for the quarter. Techprecision had a negative net margin of 5.26% and a negative return on equity of 20.19%.

Institutional Trading of Techprecision

A number of institutional investors have recently modified their holdings of the business. Jane Street Group LLC bought a new position in Techprecision in the 4th quarter worth approximately $64,000. JPMorgan Chase & Co. bought a new stake in Techprecision during the 3rd quarter valued at $73,000. Dimensional Fund Advisors LP raised its holdings in Techprecision by 29.6% during the 4th quarter. Dimensional Fund Advisors LP now owns 17,831 shares of the industrial products company’s stock valued at $86,000 after acquiring an additional 4,071 shares during the period. Citadel Advisors LLC raised its holdings in Techprecision by 29.7% during the 3rd quarter. Citadel Advisors LLC now owns 19,940 shares of the industrial products company’s stock valued at $106,000 after acquiring an additional 4,566 shares during the period. Finally, North Star Investment Management Corp. lifted its position in shares of Techprecision by 699,900.0% during the fourth quarter. North Star Investment Management Corp. now owns 21,000 shares of the industrial products company’s stock worth $101,000 after acquiring an additional 20,997 shares in the last quarter. 15.52% of the stock is currently owned by hedge funds and other institutional investors.

Techprecision Company Profile

TechPrecision, Inc (NASDAQ:TPCS) specializes in the design, engineering and manufacture of high-precision automated machinery and turnkey production solutions. The company’s core offerings include assembly, test and inspection equipment, servo-electric press systems and custom packaging machines tailored for industries with stringent quality and regulatory requirements. TechPrecision’s products support medical device, pharmaceutical, consumer goods and industrial applications, delivering end-to-end services from concept development and prototyping to full-scale production and after-market support.

Founded in 1987 and headquartered in Fredericksburg, Virginia, TechPrecision operates two primary manufacturing facilities: its U.S.