TSS (NASDAQ:TSSI) Releases Quarterly Earnings Results

TSS (NASDAQ:TSSI) issued its earnings results on Thursday. The company reported $0.08 earnings per share (EPS) for the quarter, Zacks reports. TSS had a net margin of 3.59% and a return on equity of 87.89%.

TSS Stock Performance

Shares of TSSI stock traded down $0.84 during mid-day trading on Thursday, hitting $8.51. 1,959,386 shares of the stock were exchanged, compared to its average volume of 1,180,492. The stock’s fifty day simple moving average is $12.15 and its two-hundred day simple moving average is $9.78. TSS has a 12-month low of $0.48 and a 12-month high of $18.26. The stock has a market capitalization of $203.21 million, a price-to-earnings ratio of 47.28 and a beta of 0.79.

Institutional Trading of TSS

An institutional investor recently bought a new position in TSS stock. Bank of America Corp DE bought a new stake in TSS, Inc. (NASDAQ:TSSI) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 3,377 shares of the company’s stock, valued at approximately $40,000.

About TSS

TSS, Inc offers planning, design, engineering, construction management, commissioning and maintenance services. It provides these services primarily for specialized facilities such as data centers, communications rooms, call centers, laboratories, trading floors, network operations centers, medical facilities and similar environments.