TheStreet Inc. (TST) is one of the best performing stocks in the technology sector for companies listed on the New York Stock Exchange or NASDAQ exchange shortly after the opening bell on April 21. Shares of TST have climbed 3.99% about 30 minutes into the session to $0.78 after closing the day prior at $0.75. It’s early, but the stock has traded as high as $0.78 and as low as $0.77 so far. Today’s quick advance has come with about 33,682 shares changing hands, compared to an average 30-day volume of 153,428 for TheStreet Inc.. The price is currently below the 30-day volume weighted average price of $0.78 for TST.
The share appreciation gives the company a market capitalization of $26.72 million based upon 35.63 million shares outstanding. It also means that TST has a price-to-book ratio of 0.61:1 and a price-to-earnings ratio of :1.
In the past 52 weeks, shares of TST have traded as low as $0.614 and as high as $1.28. Technical traders will take note that at $0.78, shares of TST are trading below their 200-day MA at $0.96 and above their 50-day MA at $0.76. Technical analysts pay close attention to these key moving averages because they often serve as technical support and resistance levels and because a move through or holding above them is typically regarded as bullish.
Who is TST?
TheStreet Inc is a financial news and information provider. Its operations consist of three reportable segments: TheDeal/BoardEx, RateWatch and Business to Consumer. The company’s 650 employees are led by CEO David Callaway from the corporate headquarters at 14 Wall Street.
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