Virtu Financial LLC acquired a new position in Technical Communications Co. (NASDAQ:TCCO) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 26,482 shares of the communications equipment provider’s stock, valued at approximately $303,000. Virtu Financial LLC owned approximately 1.44% of Technical Communications as of its most recent filing with the Securities and Exchange Commission.
Shares of TCCO stock opened at $5.20 on Friday. Technical Communications Co. has a 12 month low of $2.30 and a 12 month high of $15.40.
Technical Communications (NASDAQ:TCCO) last posted its quarterly earnings data on Friday, February 9th. The communications equipment provider reported ($0.03) earnings per share for the quarter. Technical Communications had a negative net margin of 16.74% and a negative return on equity of 20.54%. The company had revenue of $1.12 million for the quarter.
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Technical Communications Profile
Technical Communications Corporation designs, develops, manufactures, distributes, markets, and sells communications security devices, systems, and services worldwide. The company primarily provides voice, data, and fax, and voice networks. Its products include government systems, such as DSD 72A-SP military bulk encryptor, CSD 3324 SE telephone/fax encryptor, and the DSP 9000 radio encryption system, as well as the HSE 6000 squad radio headset and telephone encryptor for public safety special operations land mobile radio applications and for military applications.
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