- TASR has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $71.6 million.
- TASR has traded 678,493 shares today.
- TASR is trading at 2.58 times the normal volume for the stock at this time of day.
- TASR is trading at a new low 4.01% below yesterday's close.
'Weak on High Relative Volume' stocks are worth watching because major volume moves tend to indicate underlying activity such as material stock news, analyst downgrades, insider selling, selling from 'superinvestors,' or that hedge funds and traders are piling out of a stock ahead of a catalyst. Regardless of the impetus behind the price and volume action, when a stock moves with strength and volume it can indicate the start of a new trend on which early investors can capitalize (or avoid losses by trimming weak positions). In the event of a well-timed trading opportunity, combining technical indicators with fundamental trends and a disciplined trading methodology should help you take the first steps towards investment success. EXCLUSIVE OFFER: Get the inside scoop on opportunities in TASR with the Ticky from Trade-Ideas. See the FREE profile for TASR NOW at Trade-Ideas More details on TASR: TASER International, Inc. is engaged in the development, manufacture, and sale of conducted electrical weapons (CEWs) for use in law enforcement, federal, military, corrections, private security, and personal defense markets worldwide. TASR has a PE ratio of 53.9. Currently there are 4 analysts that rate Taser International a buy, no analysts rate it a sell, and 1 rates it a hold. The average volume for Taser International has been 2.1 million shares per day over the past 30 days. Taser International has a market cap of $934.6 million and is part of the industrial goods sector and aerospace/defense industry. The stock has a beta of -0.04 and a short float of 7% with 1.09 days to cover. Shares are up 13.4% year-to-date as of the close of trading on Tuesday. STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. TheStreetRatings.com Analysis: TheStreet Quant Ratings rates Taser International as a buy. 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, solid stock price performance and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Highlights from the ratings report include:
- The revenue growth came in higher than the industry average of 1.3%. Since the same quarter one year prior, revenues rose by 15.5%. This growth in revenue does not appear to have trickled down to the company's bottom line, displayed by a decline in earnings per share.
- TASR's debt-to-equity ratio is very low at 0.00 and is currently below that of the industry average, implying that there has been very successful management of debt levels. Along with this, the company maintains a quick ratio of 3.54, which clearly demonstrates the ability to cover short-term cash needs.
- Compared to its closing price of one year ago, TASR's share price has jumped by 50.32%, exceeding the performance of the broader market during that same time frame. We feel that the stock's sharp appreciation over the last year has driven it to a price level which is now somewhat expensive compared to the rest of its industry. The other strengths this company shows, however, justify the higher price levels.
- The gross profit margin for TASER INTERNATIONAL INC is rather high; currently it is at 65.42%. Regardless of TASR's high profit margin, it has managed to decrease from the same period last year. Despite the mixed results of the gross profit margin, TASR's net profit margin of 10.44% compares favorably to the industry average.
- TASER INTERNATIONAL INC's earnings per share declined by 12.5% in the most recent quarter compared to the same quarter a year ago. This company has reported somewhat volatile earnings recently. We feel it is likely to report a decline in earnings in the coming year. During the past fiscal year, TASER INTERNATIONAL INC increased its bottom line by earning $0.34 versus $0.27 in the prior year. For the next year, the market is expecting a contraction of 5.9% in earnings ($0.32 versus $0.34).
- You can view the full Taser International Ratings Report.
STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.