TESSCO Announces Closing of Merger Transaction
| TESSDelisted Stock | USD 8.99 0.00 0.00% |
Slightly above 56% of TESSCO Technologies' investor base is looking to short. The analysis of current outlook of investing in TESSCO Technologies Incorporated suggests that many traders are alarmed regarding TESSCO Technologies' prospects. TESSCO Technologies' investing sentiment can be driven by a variety of factors including economic data, TESSCO Technologies' earnings reports, geopolitical events, and overall market trends.
TESSCO |
HUNT VALLEY, Md., July 17, 2023 TESSCO TECHNOLOGIES INCORPORATED today announced the closing of its previously announced merger with entities affiliated with Lee Equity Partners and Twin Point Capital, which also own Alliance Corporation , a value-added distributor of equipment for the wireless industry, and GetWireless, LLC , a value-added distributor of cellular solutions that connect the Internet of Things . Tessco shareholders appr
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TESSCO Technologies Fundamental Analysis
We analyze TESSCO Technologies' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of TESSCO Technologies using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of TESSCO Technologies based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Book Value Per Share
Book Value Per Share Comparative Analysis
TESSCO Technologies is currently under evaluation in book value per share category among its peers. Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
TESSCO Technologies Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with TESSCO Technologies stock to make a market-neutral strategy. Peer analysis of TESSCO Technologies could also be used in its relative valuation, which is a method of valuing TESSCO Technologies by comparing valuation metrics with similar companies.
Peers
TESSCO Technologies Related Equities
| CMTL | Comtech Telecommunicatio | 8.21 | ||||
| KVHI | KVH Industries | 4.38 | ||||
| TSAT | Telesat Corp | 2.90 | ||||
| AVNW | Aviat Networks | 1.98 | ||||
| KN | Knowles Cor | 1.85 | ||||
| MYNA | Mynaric AG | 1.46 | ||||
| ITRN | Ituran Location | 0.55 | ||||
| NTGR | NETGEAR | 0.04 | ||||
| SILC | Silicom | 2.13 |
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
Other Consideration for investing in TESSCO Stock
If you are still planning to invest in TESSCO Technologies check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the TESSCO Technologies' history and understand the potential risks before investing.
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