Top Image Systems (TISA) Lowered to “Neutral” at HC Wainwright

Top Image Systems (NASDAQ:TISA) was downgraded by equities researchers at HC Wainwright from a “buy” rating to a “neutral” rating in a research report issued on Tuesday, February 5th, MarketBeat Ratings reports. They currently have a $0.86 target price on the software maker’s stock, down from their prior target price of $3.00. HC Wainwright’s price target would indicate a potential upside of 3.34% from the stock’s previous close.

Several other analysts have also commented on TISA. ValuEngine lowered shares of Top Image Systems from a “buy” rating to a “hold” rating in a research report on Wednesday, January 2nd. Roth Capital reiterated a “buy” rating on shares of Top Image Systems in a research report on Friday, December 14th.

TISA stock remained flat at $$0.83 during midday trading on Tuesday. 87,972 shares of the company traded hands, compared to its average volume of 345,902. The firm has a market capitalization of $15.15 million, a price-to-earnings ratio of -2.25 and a beta of 0.72. The company has a current ratio of 0.71, a quick ratio of 0.71 and a debt-to-equity ratio of 0.45. Top Image Systems has a 52 week low of $0.46 and a 52 week high of $1.14.

Top Image Systems Company Profile

Top Image Systems Ltd. develops and markets automated data capture solutions for managing and validating content gathered from customers, trading partners, and employees worldwide. Its solutions deliver digital content to the applications that drive an enterprise by using technologies, such as wireless communications, servers, form processing, and information recognition systems.

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