TransAct Technologies Incorporated (NASDAQ:TACT) previous close was $8.92 while the outstanding shares total 7.55M. The firm has a beta of 1.94. TACT’s shares traded higher over the last trading session, gaining 17.15% on 02/12/21. The shares fell to a low of $8.9601 before closing at $10.45. Intraday shares traded counted 0.16 million, which was -428.81% lower than its 30-day average trading volume of 30.06K. The stock’s Relative Strength Index (RSI) is 68.01, with weekly volatility at 8.36% and ATR at 0.69. The TACT stock’s 52-week price range has touched low of $2.87 and a $11.33 high.
Investors have identified the Computer Hardware company TransAct Technologies Incorporated as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $79.63 million, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
TransAct Technologies Incorporated (TACT) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. In terms of their assets, the company currently has 19.77 million total, with 6.85 million as their total liabilities.
Having a look at the company’s valuation, the company is expected to record -0.29 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on TACT sounds very interesting.
Is the stock of TACT attractive?
In related news, Director, DILLON JOHN bought 10,000 shares of the company’s stock in a transaction that recorded on Jun 05. The purchase was performed at an average price of 5.39, for a total value of 53,900. As the purchase deal closes, the Director, Olinger Haydee now bought 1,760 shares of the company’s stock, valued at 9,979. Also, Chairman and CEO, SHULDMAN BART C bought 2,000 shares of the company’s stock in a deal that was recorded on Jun 02. The shares were cost at an average price of 4.45 per share, with a total market value of 8,900. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.80%.
2 out of 2 analysts covering the stock have rated it a Buy, while 0 have maintained a Hold recommendation on TransAct Technologies Incorporated. 0 analysts has assigned a Sell rating on the TACT stock. The 12-month mean consensus price target for the company’s shares has been set at $16.00.