TransAct Technologies (NASDAQ:TACT – Get Free Report) released its earnings results on Thursday. The technology company reported ($0.06) EPS for the quarter, topping analysts’ consensus estimates of ($0.09) by $0.03, Zacks reports. TransAct Technologies had a negative return on equity of 5.08% and a negative net margin of 4.24%. TransAct Technologies updated its FY 2025 guidance to EPS.
TransAct Technologies Stock Down 0.8 %
Shares of NASDAQ TACT traded down $0.03 during trading on Thursday, reaching $3.60. The company had a trading volume of 13,766 shares, compared to its average volume of 14,332. TransAct Technologies has a 12-month low of $3.32 and a 12-month high of $5.86. The stock has a market cap of $36.04 million, a PE ratio of -18.00 and a beta of 1.80. The business’s 50-day moving average is $4.28 and its 200 day moving average is $4.26.
Analyst Upgrades and Downgrades
Separately, StockNews.com assumed coverage on TransAct Technologies in a research note on Wednesday. They issued a “hold” rating on the stock.
TransAct Technologies Company Profile
TransAct Technologies Incorporated designs, develops, and markets transaction-based and specialty printers and terminals in the United States and internationally. It offers thermal printers and terminals to generate labels, coupons, and transaction records, such as receipts, tickets, and other documents.
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