News articles about Transcat (NASDAQ:TRNS) have been trending somewhat positive this week, according to Accern. Accern ranks the sentiment of media coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Transcat earned a daily sentiment score of 0.11 on Accern’s scale. Accern also assigned news articles about the scientific and technical instruments company an impact score of 47.6765161201349 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.

Separately, Dougherty & Co started coverage on shares of Transcat in a research report on Wednesday, August 23rd. They set a “buy” rating and a $20.00 price target on the stock.

Transcat (NASDAQ:TRNS) opened at $12.40 on Tuesday. Transcat has a 52-week low of $10.15 and a 52-week high of $15.15. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.53 and a current ratio of 2.24. The company has a market cap of $89.27, a P/E ratio of 20.49, a price-to-earnings-growth ratio of 3.00 and a beta of 0.38.

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About Transcat

Transcat, Inc is a provider of calibration and laboratory instrument services and a distributor of professional grade test, measurement and control instrumentation. The Company conducts its business through two segments: service (Service) and distribution (Distribution). Through the Service segment, the Company offers calibration, repair, inspection, analytical qualifications, preventative maintenance and other related services, a majority of which are processed through its asset management system, CalTrak (CalTrak).

Insider Buying and Selling by Quarter for Transcat (NASDAQ:TRNS)

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