TechnoPro (OTCMKTS:TCCPY) Trading 5.6% Higher – Here’s Why

TechnoPro Holdings, Inc. (OTCMKTS:TCCPY) shares were up 5.6% on Friday . The stock traded as high as $6.15 and last traded at $6.0150. Approximately 3,723 shares changed hands during mid-day trading, a decline of 91% from the average daily volume of 39,485 shares. The stock had previously closed at $5.6944.

Analysts Set New Price Targets

Separately, Zacks Research cut shares of TechnoPro from a “strong-buy” rating to a “hold” rating in a research report on Thursday, August 14th. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat, the stock currently has an average rating of “Hold”.

TechnoPro Stock Up 3.3%

The stock has a 50-day moving average of $6.29 and a 200 day moving average of $6.19.

TechnoPro Company Profile

TechnoPro Holdings, Inc, through its subsidiaries, operates as a temporary staffing and contract work company in Japan and internationally. It operates through R&D Outsourcing, Construction Management Outsourcing, Domestic and Other Businesses, and Overseas Businesses segments. The company provides engineer dispatch and contract services in technical fields, such as electronics, embedded control, IT networks, business applications, system maintenance and operation, and biochemistry for various industries including automobiles and auto parts, industrial machinery and equipment, information and communication equipment, electrical and electronic equipment, IT, semiconductors, energy, pharmaceuticals, and chemicals.