TASER International Inc (NASDAQ:TASR) (Trend Analysis) shares were traded with a quintupled volume. The stock closed last trading session at $26.82, up by 13.31%, with a volume of 6,314,984 shares against an average amount for the last three months of 1,078,230.
Stock Performance: Click here for a free comprehensive Trend Analysis Report
TASER International Inc (NASDAQ:TASR) stock is currently trading 11.04% below its 52-week-high, 97.79% above its 52-week-low. The 1-year stock price history is in the range of $13.56 – $30.15. TASER International Inc (TASR) has a price to earnings ratio of 107.28 versus Industrial Goods sector average of 36.38. TASR stock price has outperformed the Nasdaq by 49.1%. The Electronic Security Devices company is currently valued at $1410.49 billion, and its share price closed the last trading session at $26.82. The stock has a 50-day moving average of $24.05 and a 200-day moving average of $24.57.
TASER International Inc (TASR) current short interest stands at 43 million shares. It has increased by 289% from the same period of last month. Around 85% of the company’s shares, which are float, are short sold. With a 10-days average volume of 1.12 million shares, the number of days required to cover the short positions stand at 38.6 days.
TASER International Inc (TASR) declared last quarter earnings on November 09. The Electronic Security Devices company announced last quarter earnings per share of $0.07 against a consensus Street estimate of $0.05, beating the average estimate by $0.02. The company posted a revenue of $71.9 million compared to an estimation of $0 million.
Is this a Trading Opportunity? Click here for a free Trend Analysis Report
There are currently nine analysts that cover TASER International Inc stock. Of those nine, seven have a Buy rating, two have a Hold rating. On a consensus basis this yields to an Overweight rating. The consensus target price stands at $31.71.
A recent analyst activity consisted of Imperial Capital who initiated their coverage on the stock with Outperform rating on October 14. Imperial Capital fixed their price target at $27. This corresponds to a 0.67% upside from the last closing price. On the date of report, the stock closed at $22.77.
Oppenheimer reiterated their Perform stance on October 5. On the date of report, the stock closed at $23.2.
Another research firm was Ladenburg Thalmann who downgraded their Buy rating to Neutral on October 3. Ladenburg Thalmann fixed their price target at $31. This translates to a 15.59% upside from the last closing price. On the date of report, the stock closed at $24.29.
TASER International, Inc. engages in the development, manufacture, and sale of conducted electrical weapons for use in law enforcement, federal, military, corrections, private security, and personal defense markets worldwide.