Top Image Systems (TISA) Raised to Sell at ValuEngine

ValuEngine upgraded shares of Top Image Systems (NASDAQ:TISA) from a strong sell rating to a sell rating in a report released on Thursday, December 21st.

Several other research analysts also recently commented on TISA. Zacks Investment Research downgraded Top Image Systems from a hold rating to a sell rating in a research note on Wednesday, August 23rd. HC Wainwright set a $3.00 price objective on Top Image Systems and gave the stock a buy rating in a research note on Friday, November 17th. One analyst has rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the stock. Top Image Systems currently has an average rating of Hold and an average price target of $2.50.

Top Image Systems (NASDAQ TISA) opened at $1.10 on Thursday. Top Image Systems has a 12 month low of $0.96 and a 12 month high of $1.75. The company has a market capitalization of $19.73, a PE ratio of -2.16 and a beta of 1.17.

An institutional investor recently raised its position in Top Image Systems stock. Renaissance Technologies LLC increased its holdings in shares of Top Image Systems Ltd. (NASDAQ:TISA) by 0.7% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 164,600 shares of the software maker’s stock after purchasing an additional 1,200 shares during the quarter. Renaissance Technologies LLC owned approximately 0.92% of Top Image Systems worth $219,000 at the end of the most recent reporting period. Institutional investors own 5.36% of the company’s stock.

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Top Image Systems Company Profile

Top Image Systems Ltd. (TIS) is a developer and marketer of intelligent content capture and workflow automation solutions for managing and validating incoming content in any format from any source. The Company’s solutions deliver digital content to the people and applications that drive an enterprise by using advanced network, mobile and cloud technologies.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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