TechPrecision (NASDAQ:TPCS) Announces Quarterly Earnings Results

TechPrecision (NASDAQ:TPCS) issued its quarterly earnings results on Tuesday. The industrial products company reported ($0.06) earnings per share for the quarter, Zacks reports. TechPrecision had a negative return on equity of 75.87% and a negative net margin of 24.76%.

TechPrecision Trading Up 3.7 %

TPCS traded up $0.12 during midday trading on Tuesday, hitting $3.33. The company’s stock had a trading volume of 15,547 shares, compared to its average volume of 24,929. TechPrecision has a 52-week low of $2.85 and a 52-week high of $5.95. The firm has a 50-day moving average price of $3.47 and a two-hundred day moving average price of $3.49. The firm has a market cap of $32.03 million, a P/E ratio of -3.66 and a beta of 0.19.

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.