15,246 Shares in TechPrecision Co. (NASDAQ:TPCS) Bought by NewEdge Advisors LLC

NewEdge Advisors LLC bought a new stake in TechPrecision Co. (NASDAQ:TPCS) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 15,246 shares of the industrial products company’s stock, valued at approximately $56,000. NewEdge Advisors LLC owned approximately 0.16% of TechPrecision as of its most recent filing with the Securities and Exchange Commission (SEC).

Separately, Geode Capital Management LLC increased its position in shares of TechPrecision by 10.1% during the third quarter. Geode Capital Management LLC now owns 81,956 shares of the industrial products company’s stock worth $257,000 after acquiring an additional 7,516 shares in the last quarter. Institutional investors own 15.52% of the company’s stock.

TechPrecision Price Performance

Shares of TechPrecision stock opened at $2.87 on Friday. The firm has a market cap of $27.99 million, a price-to-earnings ratio of -3.15 and a beta of 0.13. The stock’s 50-day moving average is $2.49 and its 200-day moving average is $3.09. TechPrecision Co. has a one year low of $2.05 and a one year high of $5.01.

TechPrecision (NASDAQ:TPCS) last issued its quarterly earnings results on Tuesday, April 8th. The industrial products company reported ($0.08) EPS for the quarter. TechPrecision had a negative return on equity of 86.04% and a negative net margin of 24.25%. The business had revenue of $7.62 million for the quarter.

TechPrecision Company Profile

TechPrecision Corporation, together with its subsidiaries, manufactures and sells precision, fabricated, and machined metal structural components and systems in the United States. The company operates through two segments, Ranor and Stadco. It provides custom components for ships, submarines, military helicopters, aerospace equipment, components for nuclear power plants, and components for medical systems.