TSR (NASDAQ:TSRI) Stock Crosses Below 200 Day Moving Average of $8.44

TSR, Inc. (NASDAQ:TSRIGet Rating) shares crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $8.44 and traded as low as $7.71. TSR shares last traded at $8.00, with a volume of 7,346 shares trading hands.

TSR Stock Performance

The company has a 50-day simple moving average of $8.52 and a 200-day simple moving average of $8.44. The stock has a market cap of $17.17 million, a P/E ratio of 2.33 and a beta of 0.91.

Insider Buying and Selling at TSR

In other news, Director Howard Timothy Eriksen bought 3,000 shares of the company’s stock in a transaction dated Monday, August 22nd. The stock was bought at an average price of $8.66 per share, for a total transaction of $25,980.00. Following the completion of the transaction, the director now directly owns 3,504 shares in the company, valued at approximately $30,344.64. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 29.80% of the company’s stock.

Institutional Investors Weigh In On TSR

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Dimensional Fund Advisors LP raised its position in shares of TSR by 8.7% during the first quarter. Dimensional Fund Advisors LP now owns 61,748 shares of the technology company’s stock worth $571,000 after acquiring an additional 4,949 shares during the last quarter. Acadian Asset Management LLC raised its position in shares of TSR by 304.3% during the first quarter. Acadian Asset Management LLC now owns 9,840 shares of the technology company’s stock worth $92,000 after acquiring an additional 7,406 shares during the last quarter. Renaissance Technologies LLC raised its position in shares of TSR by 29.8% during the first quarter. Renaissance Technologies LLC now owns 99,850 shares of the technology company’s stock worth $936,000 after acquiring an additional 22,900 shares during the last quarter. Finally, Vanguard Group Inc. grew its stake in shares of TSR by 215.3% during the first quarter. Vanguard Group Inc. now owns 74,007 shares of the technology company’s stock worth $693,000 after purchasing an additional 50,537 shares during the period. Institutional investors own 11.57% of the company’s stock.

TSR Company Profile

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TSR, Inc, a staffing company, focuses on recruiting information technology (IT) professionals for short- and long-term assignments, permanent placements, project work, and providing contract computer programming services to its customers in the New York metropolitan area, New England, and the Mid-Atlantic region.

Further Reading

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