TechPrecision (NASDAQ:TPCS) Share Price Crosses Above 200 Day Moving Average – Time to Sell?

TechPrecision Co. (NASDAQ:TPCS)’s share price passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $3.50 and traded as high as $3.82. TechPrecision shares last traded at $3.67, with a volume of 73,074 shares.

TechPrecision Stock Performance

The firm has a 50-day moving average of $3.56 and a two-hundred day moving average of $3.50. The firm has a market cap of $35.30 million, a price-to-earnings ratio of -4.03 and a beta of 0.19.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in TechPrecision stock. Geode Capital Management LLC increased its stake in shares of TechPrecision Co. (NASDAQ:TPCS) by 10.1% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 81,956 shares of the industrial products company’s stock after acquiring an additional 7,516 shares during the quarter. Geode Capital Management LLC owned about 0.85% of TechPrecision worth $257,000 at the end of the most recent reporting period. 15.52% of the stock is currently owned by institutional investors and hedge funds.

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.