MER Telemanagement Solutions Ltd. (NASDAQ:MTSL) gapped down before the market opened on Monday . The stock had previously closed at $1.22, but opened at $1.18. MER Telemanagement Solutions shares last traded at $1.21, with a volume of 3,159 shares trading hands.

The firm’s 50 day moving average is $1.41 and its 200-day moving average is $1.17.

MER Telemanagement Solutions (NASDAQ:MTSL) last announced its quarterly earnings data on Thursday, August 20th. The technology company reported ($0.01) earnings per share (EPS) for the quarter. The company had revenue of $1.16 million for the quarter.

A hedge fund recently bought a new stake in MER Telemanagement Solutions stock. Virtu Financial LLC purchased a new position in shares of MER Telemanagement Solutions Ltd. (NASDAQ:MTSL) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 66,905 shares of the technology company’s stock, valued at approximately $85,000. Virtu Financial LLC owned 1.86% of MER Telemanagement Solutions at the end of the most recent quarter. 2.49% of the stock is owned by institutional investors and hedge funds.

MER Telemanagement Solutions Company Profile (NASDAQ:MTSL)

Mer Telemanagement Solutions Ltd. provides solutions for telecommunications expense management (TEM), and CA and enterprise mobility management worldwide. It offers TEM suite software platform that helps organizations to reduce operational expenses, enhance productivity, and optimize networks and services associated with communications networks and information technology (IT).

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