TESSCO Technologies Incorporated Short Interest Update
| TESSDelisted Stock | USD 8.99 0.00 0.00% |
Slightly above 56% of TESSCO Technologies' investor base is looking to short. The analysis of current outlook of investing in TESSCO Technologies Incorporated suggests that many traders are alarmed regarding TESSCO Technologies' prospects. TESSCO Technologies' investing sentiment can be driven by a variety of factors including economic data, TESSCO Technologies' earnings reports, geopolitical events, and overall market trends.
TESSCO |
TESSCO Technologies Incorporated saw a significant increase in short interest in the month of January. As of January 15th, there was short interest totalling 10,500 shares, an increase of 377.3 percent from the December 31st total of 2,200 shares. Approximately 0.2 percent of the companys stock are sold short. Based on an average
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TESSCO Technologies Fundamental Analysis
We analyze TESSCO Technologies' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of TESSCO Technologies using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of TESSCO Technologies based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Cash And Equivalents
Cash And Equivalents Comparative Analysis
TESSCO Technologies is currently under evaluation in cash and equivalents category among its peers. Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
TESSCO Technologies Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with TESSCO Technologies stock to make a market-neutral strategy. Peer analysis of TESSCO Technologies could also be used in its relative valuation, which is a method of valuing TESSCO Technologies by comparing valuation metrics with similar companies.
Peers
TESSCO Technologies Related Equities
| CMTL | Comtech Telecommunicatio | 22.59 | ||||
| MYNA | Mynaric AG | 7.69 | ||||
| NTGR | NETGEAR | 4.83 | ||||
| TSAT | Telesat Corp | 2.56 | ||||
| KVHI | KVH Industries | 2.27 | ||||
| ITRN | Ituran Location | 1.67 | ||||
| SILC | Silicom | 1.20 | ||||
| AVNW | Aviat Networks | 0.96 | ||||
| KN | Knowles Cor | 0.72 |
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Other Consideration for investing in TESSCO Stock
If you are still planning to invest in TESSCO Technologies check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the TESSCO Technologies' history and understand the potential risks before investing.
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