TechPrecision (NASDAQ:TPCS) Announces Earnings Results

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

TechPrecision Trading Up 2.8 %

Shares of TechPrecision stock opened at $2.24 on Thursday. The business’s 50 day simple moving average is $2.69 and its 200-day simple moving average is $3.18. The stock has a market capitalization of $21.65 million, a price-to-earnings ratio of -2.46 and a beta of 0.13. TechPrecision has a twelve month low of $2.05 and a twelve month high of $5.66.

About TechPrecision

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.