Top Image Systems, Ltd. (NASDAQ:TISA) shares rose 0.9% on Tuesday . The stock traded as high as $1.30 and last traded at $1.18. Approximately 24,900 shares changed hands during mid-day trading, a decline of 55% from the average daily volume of 55,606 shares. The stock had previously closed at $1.17.
TISA has been the subject of several analyst reports. Zacks Investment Research upgraded shares of Top Image Systems from a “sell” rating to a “hold” rating in a research note on Wednesday, October 18th. ValuEngine upgraded shares of Top Image Systems from a “strong sell” rating to a “sell” rating in a research note on Friday, September 1st. Finally, HC Wainwright set a $3.00 target price on shares of Top Image Systems and gave the company a “buy” rating in a research note on Thursday, August 17th. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $2.50.
Top Image Systems (NASDAQ:TISA) last posted its quarterly earnings results on Wednesday, August 16th. The software maker reported ($0.10) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.08) by ($0.02). The company had revenue of $7.41 million during the quarter, compared to analyst estimates of $7.36 million. Top Image Systems had a negative net margin of 25.99% and a negative return on equity of 38.85%. equities analysts anticipate that Top Image Systems, Ltd. will post -0.29 earnings per share for the current year.
An institutional investor recently raised its position in Top Image Systems stock. Renaissance Technologies LLC boosted its stake in Top Image Systems, Ltd. (NASDAQ:TISA) by 0.7% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 164,600 shares of the software maker’s stock after acquiring an additional 1,200 shares during the period. Renaissance Technologies LLC owned 0.92% of Top Image Systems worth $219,000 at the end of the most recent reporting period. 5.26% of the stock is owned by hedge funds and other institutional investors.
COPYRIGHT VIOLATION NOTICE: “Top Image Systems, Ltd. (TISA) Stock Price Up 0.9%” was first published by Chaffey Breeze and is the property of of Chaffey Breeze. If you are accessing this story on another site, it was stolen and reposted in violation of US & international trademark and copyright law. The original version of this story can be read at https://www.chaffeybreeze.com/2017/11/14/top-image-systems-ltd-tisa-stock-price-up-0-9.html.
Top Image Systems Company Profile
Top Image Systems Ltd. (TIS) is a developer and marketer of intelligent content capture and workflow automation solutions for managing and validating incoming content in any format from any source. The Company’s solutions deliver digital content to the people and applications that drive an enterprise by using advanced network, mobile and cloud technologies.
Receive News & Ratings for Top Image Systems Ltd. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Top Image Systems Ltd. and related companies with MarketBeat.com's FREE daily email newsletter.