TSR (TSRI) Stock Continues To Follow Volatility Patch: See The Recent Fiscal Report

Today, TSR is trading at $9.19, 0.36% higher compared to yesterday. The company opened the market with a slight jump of 2.6%, however, a little time after it popped to the value of $9.04. Currently, the pre-market shows a surge in the high volume of 37.60%. Nevertheless, it could be noticed that the company suffers negative dynamics for a month. After the breakout on September 16, when it reached the mark of $11.79. TSR continues to follow the decline patch. Recently, TSR reported a fiscal result for the quarter ended August 31, 2021. The company concentrated on the increase of market capitalization.

It proclaimed that the revenue increased by 57.5% compared to the last year. The net income of the company in contrast decreased by $0.01 per share. Currently, the operating loss is equal to $355,000, however, the operating income equals $60,000. In addition, TSR announces collaborative work with Geneva focusing on strengthening the business environment. The CEO of TSR stated that: “We are in the process of upgrading and modernizing several of the back-office systems that we believe will help improve efficiencies and allow the business to continue to scale”.

Miriam Bozini

Finance and Business Reporter