Mer Telemanagement Solutions Ltd. (NASDAQ: MTSL) – Suitable For Long Term Buy?

GLBE Stock
GLBE Stock

Virtu Financial BD LLC recently announced the acquisition of new stake in Mer Telemanagement Solutions Ltd. (NASDAQ:MTSL). This fresh investment now brings its stake to 1.85% valued currently at $0.11 million. In addition, Morgan Stanley & Co. LLC raised its holdings by 32100.0 to 42967.0 shares.

With over 1.39 million Mer Telemanagement Solutions Ltd. (MTSL) shares trading Friday and a closing price of $1.47 on the day, the dollar volume was approximately $2.04 million. The shares have shown a positive weekly performance of 7.30% and its price on 08/28/20 gained nearly 13.95%. Currently, there are 5.62M common shares owned by the public and among those 3.26M shares have been available to trade.

Insiders at the company have transacted a total of 0 times over the past 12 months, according to data filed with the U.S. Securities and Exchange Commission (SEC). 0 of these insider trades were purchases, accounting for 0 shares. Insider sales of the common stock occurred on 0 occasions, with total insider shares sold totaling 0 shares.

Shares of Mer Telemanagement Solutions Ltd. (NASDAQ: MTSL) opened at $1.2501, down -$0.04 from a prior closing price of $1.29. However, the script later closed the day at $1.47, up 13.95%. The company’s stock has a 5-day price change of 7.30% and 45.54% over the past three months. MTSL shares are trading 42.72% year to date (YTD), with the 12-month market performance up to 48.65% higher. It has a 12-month low price of $0.75 and touched a high of $2.66 over the same period. Currently, 1.39 million shares have been traded, compared to an average intraday trading volume of 803.53K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 0.63%, 0.84%, and 28.94% respectively.

Institutional ownership of Mer Telemanagement Solutions Ltd. (NASDAQ: MTSL) shares accounts for 2.50% of the company’s 5.62M shares outstanding. Mutual fund holders own –, while other institutional holders and individual stakeholders account for — and — respectively.

It has a market capitalization of $5.70M and a beta (3y monthly) value of 1.02. The earnings-per-share (ttm) stands at -$0.01. Price movements for the stock have been influenced by the stock’s volatility, which stands at 12.21% over the week and 10.19% over the month.

Analysts forecast that Mer Telemanagement Solutions Ltd. (MTSL) will achieve an EPS of $MACOM Technology Solutions Hold for the current quarter, $36.50 for the next quarter and $Stocks for Type. The lowest estimate earnings-per-share for the quarter is $MER Telemanagement Solutions Lt while analysts give the company a high EPS estimate of $RAPID THERAPEUTIC SCIENCE LBRTS. Comparatively, EPS for the current quarter was $MTS Systems Corporation a year ago.


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