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Top Image Systems (NASDAQ:TISA) announced its earnings results on Wednesday. The company reported $0.02 earnings per share for the quarter, beating the analysts’ consensus estimate of ($0.01) by $0.03, AnalystRatingsNetwork.com reports.

Shares of Top Image Systems (NASDAQ:TISA) opened at 3.789 on Wednesday. Top Image Systems has a 1-year low of $2.52 and a 1-year high of $6.24. The stock’s 50-day moving average is $4.20 and its 200-day moving average is $4.. The company’s market cap is $58.4 million.

Several analysts have recently commented on the stock. Analysts at Zacks upgraded shares of Top Image Systems from a “sell” rating to a “hold” rating in a research note on Wednesday, May 7th. On a related note, analysts at HC Wainwright initiated coverage on shares of Top Image Systems in a research note on Tuesday, April 15th. They set a “buy” rating and a $6.00 price target on the stock. Finally, analysts at Canaccord Genuity initiated coverage on shares of Top Image Systems in a research note on Friday, March 14th. They set a “buy” rating and a $6.00 price target on the stock.

Top Image Systems Ltd. (NASDAQ:TISA) develops and markets automated data capture solutions for managing and validating content gathered from customers, trading partners and employees.

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