TechPrecision (NASDAQ:TPCS) Releases Quarterly Earnings Results

TechPrecision (NASDAQ:TPCS) released its quarterly earnings results on Tuesday. The industrial products company reported ($0.06) EPS for the quarter, Zacks reports. TechPrecision had a negative return on equity of 75.87% and a negative net margin of 24.76%.

TechPrecision Stock Up 3.6 %

NASDAQ TPCS traded up $0.12 during trading hours on Tuesday, hitting $3.33. The company’s stock had a trading volume of 15,547 shares, compared to its average volume of 24,928. TechPrecision has a twelve month low of $2.85 and a twelve month high of $5.95. The firm has a market capitalization of $32.00 million, a P/E ratio of -3.65 and a beta of 0.19. The stock has a fifty day moving average of $3.47 and a 200 day moving average of $3.49.

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.