CL King Upgrades TASER International to Buy

Brokerage firm CL King Upgrades its rating on TASER International(NASDAQ:TASR). The shares have been rated Buy. Previously, the analysts had a Neutral rating on the shares. The rating by CL King was issued on Jul 6, 2016.

TASER International (TASR) made into the market gainers list on Mondays trading session with the shares advancing 1.32% or 0.36 points. Due to strong positive momentum, the stock ended at $27.66, which is also near the day’s high of $28.58. The stock began the session at $27.6 and the volume stood at 20,54,625 shares. The 52-week high of the shares is $34.91 and the 52 week low is $13.5601. The company has a current market capitalization of $1,455 M and it has 5,25,90,850 shares in outstanding.

TASER International(TASR) last announced its earnings results on May 4, 2016 for Fiscal Year 2016 and Q1.Company reported revenue of $55.53M. Analysts had an estimated revenue of $51.82M. Earnings per share were $0.07. Analysts had estimated an EPS of $0.03.

Several Insider Transactions has been reported to the SEC. On Mar 17, 2016, Joshua Isner (EVP Global Sales) sold 1,780 shares at $18.80 per share price.Also, On Mar 7, 2016, Hadi Partovi (director) purchased 100,000 shares at $19.85 per share price.On Mar 7, 2016, Luke Larson (President) sold 6,000 shares at $20.01 per share price, according to the Form-4 filing with the securities and exchange commission.

TASER International Inc. is engaged in development manufacture and sale of conducted electrical weapons (CEW) designed for use in law enforcement military corrections private security and personal defense. The Company is engaged in developing devices with technology to incapacitate dangerous combative or high-risk subjects who pose a risk to law enforcement officers innocent citizens or themselves in a manner that is generally recognized as a safer alternative to other uses of force. The Company operates through two segments: the sale of CEWs accessories and other products and services and the video business. The CEWs Products segment makes CEWs that use it Neuro Muscular Incapacitation (NMI) effects for two main types of market segments: the law enforcement military corrections and professional security markets; and the consumer market. The Video business includes the TASER Cam AXON Video products and

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