NEW YORK (TheStreet) --Shares of TASER International Inc. (TASR) are higher by 3.37% to $16.24 in early afternoon trading on Monday, as demand for police officers to wear body cameras increases in the wake of the unrest in Ferguson, MO.
TASER International develops, manufactures, and sells electronic control devices designed for use by law enforcement.
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Separately, TheStreet Ratings team rates TASER INTERNATIONAL INC as a Hold with a ratings score of C+. TheStreet Ratings Team has this to say about their recommendation:
"We rate TASER INTERNATIONAL INC (TASR) a HOLD. The primary factors that have impacted our rating are mixed some indicating strength, some showing weaknesses, with little evidence to justify the expectation of either a positive or negative performance for this stock relative to most other stocks. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, premium valuation and weak operating cash flow."
Highlights from the analysis by TheStreet Ratings Team goes as follows: