H.C. Wainwright Initiates Coverage on Top Image Systems to Buy
JULY 9, 2015 BY STEPHANIE LEE
H.C. Wainwright Initiates Coverage on Top Image Systems(NASDAQ:TISA). The shares have been rated Buy. The rating by H.C. Wainwright was issued on Jul 9, 2015.
Institutional Investors own 25.1% of Company shares.
The company shares have dropped 6.11% in the past 52 Weeks. On September 12, 2014 The shares registered one year high of $4.7 and one year low was seen on January 28, 2015 at $2.8. The 50-day moving average is $3.65 and the 200 day moving average is recorded at $3.37. S&P 500 has rallied 5.01% during the last 52-weeks.
Shares of Top Image Systems, Ltd. (NASDAQ:TISA) ended Wednesday session in red amid volatile trading. The shares closed down 0.04 points or 1.09% at $3.64 with 14,803 shares getting traded. Post opening the session at $3.6925, the shares hit an intraday low of $3.64 and an intraday high of $3.7 and the price vacillated in this range throughout the day. The company has a market cap of $65 million and the number of outstanding shares has been calculated to be 17,833,000 shares. The 52-week high of Top Image Systems, Ltd. (NASDAQ:TISA) is $4.7 and the 52-week low is $2.8.
Top Image Systems Ltd (TIS) develops and markets automated data capture solutions for managing and validating content gathered from customers, trading partners and employees. Whether originating from electronic, paper, mobile or other sources, TIS solutions deliver digital content to the applications that drive an enterprise by using technologies, including wireless communications, servers, form processing and information recognition systems. Its software improves business processes by integrating different types of data from multiple sources. Its products integrate information regardless of the source and format of the data, whether structured, as in the case of application forms or surveys, or semi-structured, such as invoices, purchase orders, checks, freight and shipping bills. Its solutions deliver the extracted data to applications, such as document and content management, enterprise resource planning, or customer relationship management. In July 2014, it acquired eGistics Inc.
