TMSR (NASDAQ:TMSR) Rating Lowered to Sell at ValuEngine

TMSR (NASDAQ:TMSR) was downgraded by ValuEngine from a “hold” rating to a “sell” rating in a report issued on Monday, ValuEngine reports.

NASDAQ TMSR opened at $1.75 on Monday. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.07 and a quick ratio of 0.95. TMSR has a 52-week low of $0.66 and a 52-week high of $9.47. The business’s 50-day moving average price is $1.12 and its 200 day moving average price is $1.09.

TMSR (NASDAQ:TMSR) last released its quarterly earnings results on Thursday, November 14th. The company reported $0.01 earnings per share (EPS) for the quarter. TMSR had a negative return on equity of 3.74% and a negative net margin of 2.65%. The firm had revenue of $6.74 million for the quarter.

In other TMSR news, CEO Yimin Jin sold 1,000,000 shares of TMSR stock in a transaction that occurred on Monday, December 2nd. The stock was sold at an average price of $0.80, for a total value of $800,000.00. Following the sale, the chief executive officer now owns 4,267,528 shares of the company’s stock, valued at approximately $3,414,022.40. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 29.66% of the company’s stock.

About TMSR

TMSR Holding Company Limited, together with its subsidiaries, focuses on the research, development, production, and sale of solid waste recycling systems for the mining and industrial sectors in the People's Republic of China. It is also involved in the iron ore trading, wine import and resale, and Agarwood wine trading businesses; and provision of ship exchange consulting services.

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