TechnoPro (OTCMKTS:TCCPY) Trading Down 6.5% – What’s Next?

TechnoPro Holdings, Inc. (OTCMKTS:TCCPY) fell 6.5% during mid-day trading on Tuesday . The company traded as low as $5.80 and last traded at $5.80. 23,113 shares were traded during mid-day trading, a decline of 42% from the average session volume of 39,850 shares. The stock had previously closed at $6.20.

Analyst Ratings Changes

Separately, Zacks Research cut shares of TechnoPro from a “strong-buy” rating to a “hold” rating in a research note on Thursday, August 14th. One analyst has rated the stock with a Hold rating, According to MarketBeat, TechnoPro presently has a consensus rating of “Hold”.

TechnoPro Stock Down 4.6%

The stock has a 50 day simple moving average of $6.34 and a 200-day simple moving average of $6.19.

About TechnoPro

TechnoPro Holdings, Inc, through its subsidiaries, operates as a temporary staffing and contract work company in Japan and internationally. It operates through R&D Outsourcing, Construction Management Outsourcing, Domestic and Other Businesses, and Overseas Businesses segments. The company provides engineer dispatch and contract services in technical fields, such as electronics, embedded control, IT networks, business applications, system maintenance and operation, and biochemistry for various industries including automobiles and auto parts, industrial machinery and equipment, information and communication equipment, electrical and electronic equipment, IT, semiconductors, energy, pharmaceuticals, and chemicals.