StockNews.com started coverage on shares of TESSCO Technologies (NASDAQ:TESS – Get Rating) in a research report issued to clients and investors on Friday. The firm set a “hold” rating on the communications equipment provider’s stock.
Separately, Zacks Investment Research downgraded TESSCO Technologies from a “buy” rating to a “hold” rating in a research report on Tuesday, April 5th.
TESS opened at $5.74 on Friday. The business has a 50 day moving average of $6.00 and a 200-day moving average of $6.08. The stock has a market cap of $51.57 million, a PE ratio of -12.76 and a beta of 0.97. TESSCO Technologies has a 52 week low of $5.08 and a 52 week high of $8.32. The company has a quick ratio of 1.23, a current ratio of 2.02 and a debt-to-equity ratio of 0.50.
About TESSCO Technologies (Get Rating)
TESSCO Technologies Incorporated architects and delivers product and value chain solutions to support wireless systems in the United States and internationally. The company offers base station infrastructure products, including base station antennas, cable and transmission lines, small towers, lightning protection devices, connectors, power systems, enclosures, grounding products, jumpers, miscellaneous hardware products, and mobile antennas to build, repair, and upgrade wireless broadband systems.
- Get a free copy of the StockNews.com research report on TESSCO Technologies (TESS)
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