Communications Systems Rating Increased to Buy at Thomson Reuters/Verus (JCS)
Communications Systems (NYSE:JCS) was upgraded by equities researchers at Thomson Reuters/Verus from a “hold” rating to a “buy” rating in a research report issued on Monday, Analyst Ratings.Net reports.
Shares of Communications Systems (NYSE:JCS) traded up 0.86% on Monday, hitting $10.60. 17,809 shares of the company’s stock traded hands. Communications Systems has a 1-year low of $9.55 and a 1-year high of $12.35. The stock’s 50-day moving average is $11.52 and its 200-day moving average is $10.47. The company has a market cap of $90.6 million and a P/E ratio of 29.19.
Communications Systems, Inc (NYSE:JCS) is engaged through its Suttle and Austin Taylor business units in the manufacture and sale of modular connecting and wiring devices for voice and data communications, digital subscriber line filters, and structured wiring systems and through its Transition Networks business unit in the manufacture and sale of media and rate conversion products for telecommunications networks.
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