TASER International (TASR) : Zacks Investment Research ranks TASER International (TASR) as 2, which is a Buy recommendation. 3 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 1 other analysts are mildly bullish on the stock and favor a Buy. A total of 2 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 6 research analysts is 1.83, which indicates as a Buy.
TASER International (TASR) has been rated by 4 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $28 and the lowest price target forecast is $23. The average forecast of all the analysts is $25.25 and the expected standard deviation is $2.22.
TASER International (NASDAQ:TASR): The stock opened at $25.57 on Wednesday but the bulls could not build on the opening and the stock topped out at $25.59 for the day. The stock traded down to $24.95 during the day, due to lack of any buying support eventually closed down at $25.05 with a loss of -0.20% for the day. The stock had closed at $25.10 on the previous day. The total traded volume was 1,308,183 shares.
The company shares have dropped -20.04% from its 1 Year high price. On Jul 20, 2015, the shares registered one year high at $34.91 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $22.81 and the 200 Day Moving Average price is recorded at $18.98.
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 EVIDENCE.com.