TechPrecision Corp
TPCS
Market cap $37M

3.85 USD

-0.05

1.28%

At close Oct 17, 4:00 PM EDT

1 day

-1.28%

5 days

23.40%

1 month

22.22%

3 months

14.24%

6 months

-24.51%

Year to date

-27.36%

1 year

-46.75%

5 years

-51.27%

About: Techprecision Corp manufactures metal fabricated and machined precision components and systems. It offers a full range of services required to transform raw materials into precision finished products. The company's products are used in markets including defense, aerospace, nuclear, medical, and precision industries. All of its operations and customers are located in the United States. The company have two wholly owned subsidiaries that are each reportable segments: Ranor and Stadco. Each reportable segment focuses on the manufacture and assembly of specific components.

Employees: 162

Consumer Discretionary Fabricated Structural Metal Products

0

Funds holding %

of 6,740 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

0% more repeat investments, than reductions

Existing positions increased: 4 | Existing positions reduced: 4

0.39% less ownership

Funds ownership: 14.56% [Q1] → 14.17% (-0.39%) [Q2]

4% less capital invested

Capital invested by funds: $4.62M [Q1] → $4.42M (-$191K) [Q2]

5% less funds holding

Funds holding: 20 [Q1] → 19 (-1) [Q2]

33% less first-time investments, than exits

New positions opened: 2 | Existing positions closed: 3

100% less funds holding in top 10

Funds holding in top 10: 1 [Q1] → 0 (-1) [Q2]

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Research analyst outlook

We haven’t received any recent analyst ratings for TPCS.

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Financial journalist opinion

TechPrecision Announces Annual Meeting Date and Advises Regarding Filing of FY25 Q1 and Q2 10-Q Reports and S-1

WESTMINSTER, MA / ACCESSWIRE / October 14, 2024 / Today, TechPrecision Corporation (Nasdaq:TPCS) ("TechPrecision" or "we," "us" or "our") announces the following. 2024 Annual Meeting The Company will hold its 2024 Annual Meeting of Stockholders on Thursday December 19, 2024, at 10:00 a.m.

TechPrecision Announces Annual Meeting Date and Advises Regarding Filing of FY25 Q1 and Q2 10-Q Reports and S-1

TechPrecision Announces New Chief Financial Officer

WESTMINSTER, MA / ACCESSWIRE / September 23, 2024 / Today, TechPrecision Corporation (Nasdaq:TPCS) ("TechPrecision" or "we," "us" or "our") announced that it has appointed a new Chief Financial Officer (CFO). TechPrecision is proud to announce that on September 19, 2024, it entered into an employment agreement with Richard D.

TechPrecision Announces New Chief Financial Officer

TechPrecision Corporation Reports FY 2024 Fourth Quarter and Year End Financial Results

Backlog increased to $50 million, Customer confidence remains high WESTMINSTER, MA / ACCESSWIRE / September 16, 2024 / TechPrecision Corporation (NASDAQ:TPCS) ("TechPrecision" or "the Company"), an industry-leading manufacturer of precision, large-scale fabricated and machined metal components and tested systems with customers in the defense and precision industrial sectors, today reported financial results for the fourth quarter and fiscal year ended March 31, 2024. Due to restrictions as to what we can speak about while the Q1FY25 financials are pending, we will not hold a press conference until those are filed.

TechPrecision Corporation Reports FY 2024 Fourth Quarter and Year End Financial Results

TechPrecision Corporation Receives Expected Notification From Nasdaq Related to Delayed Quarterly Report, Addresses Financial Reporting Challenges, and Advises on Annual Meeting

WESTMINSTER, MA / ACCESSWIRE / August 27, 2024 / TechPrecision Corporation (NASDAQ:TPCS) ("TechPrecision" or "the Company"), today announced it received a notice (the "Notice") on August 21, 2024 from the Listing Qualifications Department of The Nasdaq Stock Market ("Nasdaq") notifying the Company that it is not in compliance with Nasdaq Listing Rule 5250(c)(1) (the "Rule") because it had not timely filed its Quarterly Report on Form 10-Q for the fiscal quarter ended June 30, 2024 (the "Form 10-Q") with the Securities and Exchange Commission (the "SEC"). NASDAQ NOTICE AND FINANCIAL REPORTING ISSUES As previously disclosed on a Current Report on Form 8-K filed by the Company on July 22, 2024, the Company received a notice (the "Initial Notice") from Nasdaq on July 16, 2024 notifying the Company that due to the failure to timely file its Annual Report on Form 10-K for the fiscal year ended March 31, 2024 (the "Form 10-K") with the SEC, the Company was not in compliance with the Rule.

TechPrecision Corporation Receives Expected Notification From Nasdaq Related to Delayed Quarterly Report, Addresses Financial Reporting Challenges, and Advises on Annual Meeting

WYNNEFIELD SEEKS TO REBUILD TECHPRECISION CREDIBILITY FOR ALL STOCKHOLDERS

WYNNEFIELD HIGHLIGHTS TWO DIRECTOR NOMINEES TO ADDRESS TECHPRECISION'S DISMAL STOCKHOLDER RETURNS, RECENT M&A DEBACLES AND LACK OF TRANSPARENCY Launches Campaign Website at www.rebuildTPCScredibility.com NEW YORK , July 30, 2024 /PRNewswire/ -- Wynnefield Partners Small Cap Value, L.P. I and its affiliates ("Wynnefield"), and Robert D.

WYNNEFIELD SEEKS TO REBUILD TECHPRECISION CREDIBILITY FOR ALL STOCKHOLDERS

TechPrecision Corporation Receives Expected Notification From Nasdaq Related to Delayed Annual Report

WESTMINSTER, MA / ACCESSWIRE / July 22, 2024 / TechPrecision Corporation (NASDAQ:TPCS) ("TechPrecision" or "the Company"), today announced it received a standard notice (the "Notice") on July 18, 2024 from the Listing Qualifications Department of The Nasdaq Stock Market ("Nasdaq") stating that the Company is not in compliance with Nasdaq Listing Rule 5250(c)(1) because it had not timely filed its Annual Report on Form 10-K for the fiscal year ended March 31, 2024 (the "Form 10-K") with the Securities and Exchange Commission (the "SEC") on or before July 16, 2024, the extended period provided for the filing under Rule 12b-25(b) of the Securities Exchange Act of 1934, as amended. The Notice indicated that the Company has 60 calendar days, or until September 16, 2024, to submit a plan to regain compliance and that Nasdaq can grant an exception of up to 180 calendar days from the Form 10-K due date, or until January 13, 2025, to regain compliance.

TechPrecision Corporation Receives Expected Notification From Nasdaq Related to Delayed Annual Report

TechPrecision Announces Pricing and Closing of $2.3 Million Private Placement

WESTMINSTER, MA / ACCESSWIRE / July 8, 2024 / TechPrecision Corporation (NASDAQ:TPCS) ("TechPrecision" or "we," "us" or "our"), announced today that it has entered into a securities purchase agreement with certain accredited investors for the purchase of 666,100 shares of its common stock and warrants to purchase up to an aggregate of 666,100 shares of common stock, in a private placement. The combined purchase price for one share of common stock and a warrant to purchase one share of common stock was $3.45.

TechPrecision Announces Pricing and Closing of $2.3 Million Private Placement

TechPrecision Announces Preliminary Q4 2024 Financials and Filing of Form 12b-25 to Extend Time to File FY 2024 Annual Report

WESTMINSTER, MA / ACCESSWIRE / July 1, 2024 / TechPrecision Corporation (Nasdaq:TPCS) ("TechPrecision" or the "Company," "we," "us" or "our") today announced unaudited preliminary Q4 2024 financial information and disclosed it had filed form 12b-25 for a 15 day extension to timely file their Form 10K for the fiscal year ended March 31, 2024. Q4 FY 2024 Unaudited Preliminary financial information The unaudited preliminary financial information for the three months ended March 31, 2024 is as follows.

TechPrecision Announces Preliminary Q4 2024 Financials and Filing of Form 12b-25 to Extend Time to File FY 2024 Annual Report

TechPrecision Announces Termination of Agreement to Acquire Votaw Precision Technologies

Discloses Cleansing Information Provided in Connection with Abandoned Votaw Acquisition Financing WESTMINSTER, MA / ACCESSWIRE / April 8, 2024 / TechPrecision Corporation (NASDAQ:TPCS) ("TechPrecision" or the "Company," "we," "us" or "our") today announced the termination of the Stock Purchase Agreement ("SPA") dated November 22, 2023, between TechPrecision and Doerfer Corporation ("Doerfer") to acquire Votaw Precision Technologies, Inc. ("Votaw"). Termination of SPA On Tuesday April 2, 2024, Doerfer simultaneously notified us that it was terminating the SPA effective immediately and by separate term sheet offered to reinstate the SPA and extend the outside closing date in exchange for material concessions from the Company.

TechPrecision Announces Termination of Agreement to Acquire Votaw Precision Technologies

TechPrecision Announces Receipt of Nasdaq Listing Determination; Expects Deficiency to Be Cured with Filing of Q3 Form 10-Q Today

WESTMINSTER, MA / ACCESSWIRE / March 1, 2024 / TechPrecision Corporation (NASDAQ:TPCS) ("TechPrecision" or "we," "us" or "our") today announced that on February 26, 2024, TechPrecision Corporation (the "Company") received a notice (the "Notice") from the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq") stating that the Company is not in compliance with Nasdaq Listing Rule 5250(c)(1) because it had not timely filed its Quarterly Report on Form 10-Q for the fiscal quarter ended December 31, 2023 (the "Q3 Form 10-Q") with the Securities and Exchange Commission (the "SEC") on or before February 20, 2024, the extended period provided for the filing under Rule 12b-25(b) of the Securities Exchange Act of 1934, as amended. The Notice indicated that the Company has 60 calendar days, or until April 26, 2024, to submit a plan to regain compliance and that Nasdaq can grant an exception of up to 180 calendar days from the Q3 Form 10-Q due date, or until August 12, 2024, to regain compliance.

TechPrecision Announces Receipt of Nasdaq Listing Determination; Expects Deficiency to Be Cured with Filing of Q3 Form 10-Q Today

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