TSS (NASDAQ:TSSI) Announces 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 Trading Down 9.0 %

TSSI stock traded down $0.84 during midday trading on Thursday, hitting $8.51. The company’s stock had a trading volume of 1,933,424 shares, compared to its average volume of 1,177,825. The company has a market cap of $203.21 million, a PE ratio of 47.28 and a beta of 0.79. The firm’s 50-day moving average is $12.15 and its 200-day moving average is $9.78. TSS has a 12 month low of $0.48 and a 12 month high of $18.26.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in TSS stock. Bank of America Corp DE bought a new position in TSS, Inc. (NASDAQ:TSSI) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. 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.