Tessco Technologies Inc. (TESS) is Trading Lower on Unusual Volume for January 06

Equities Staff |

Tessco Technologies Inc. (TESS) experienced unusually high volume on Jan. 06, as the stock lost 2.36% to a closing price of $19.82. The stock saw 103,631 shares trade hands over the course of the day on 222 trades. Given that the stock’s average daily volume over the last month has been 13,165 shares a day, this represents a pretty substantial spike over the norm.

Tessco Technologies Inc. has a P/B ratio of 1.43. It also has a P/E ratio of 28.6. The stock has traded between $29.16 and $17.75 over the last 52-weeks, its 50-day SMA is now $20.85, and its 200-day SMA $21.64.

Tessco Technologies Inc delivers products and solutions to support wireless systems. It offers products in four categories base station infrastructure; network systems; installation, test and maintenance and mobile devices and accessories.

Headquartered in Hunt Valley, MD, Tessco Technologies Inc. has 786 employees and is currently under the leadership of CEO Robert B. Barnhill.

For a complete fundamental analysis analysis of Tessco Technologies Inc., check out Equities.com’s Stock Valuation Analysis report for TESS. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.

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For more news on the financial markets, go to Equities.com. Also, learn more about our independent proprietary equity research reports and our robust do-it-yourself Stock Valuation Analysis reports in our Research section.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

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