Tech Unusual Volume: Technical Communications Corporation (NASDAQ:TCCO), GSE Systems, Inc. (NYSEMKT:GVP), Wells-Gardner Electronics Corporation (NYSEMKT:WGA), I.D. Systems, Inc. (NASDAQ:IDSY)



Technical Communications Corporation (NASDAQ:TCCO) has done it again; it has reported another quarterly loss but on a wider scale this time around. The mixed 1Q results showed revenue improvement amid expanded losses as the company grappled with delayed contracts, high costs and seemingly low demand for its communications solutions. The company reported a net loss of $1.47 million or 80 cents per share in the latest quarter. Technical Communications Corporation (NASDAQ:TCCO) stock performance was -4.35% in last session and finished the day at $4.40. Traded volume was 22,929.00million shares in the last session and the average volume of the stock remained 6.48K shares. The beta of the stock remained 1.45. Technical Communications Corporation (NASDAQ:TCCO) insider ownership is 20.94%.

GSE Systems, Inc. (NYSEMKT:GVP), a global energy services solutions provider, today announced financial results for the first quarter (“Q1”) ended March 31, 2014. Jim Eberle, Chief Executive Officer of company, commented, “Our Q1 results reflect that our end markets remain challenging as fossil fuel powered utilities delay their capital expenditures due to the economic and regulatory uncertainties of coal-fired power plants in light of low natural gas prices. Q1 2014 revenue declined 29.5% to $8.7 million from $12.4 million in Q1 2013. GSE Systems, Inc. (NYSEMKT:GVP) rose 1.81 percent to $1.69 Monday on volume of 34,882.00million shares. The intra-day range of the stock was $1.66 to $1.79. GSE Systems, Inc. (NYSEMKT:GVP) has a market capitalization of $30.23million.

For the first quarter ended March 31, 2014, Wells-Gardner Electronics Corporation (NYSEMKT:WGA) net sales decreased $5.6 million or 31% to $12.4 million compared to $18.0 million in the first quarter 2013. Monitor sales decreased $5.3 million or 49% to $5.4 million in the first quarter 2014 compared to $10.7 million in the first quarter 2013 representing 44% of total sales in the 2014 period compared to 60% in 2013. Wells-Gardner Electronics Corporation (NYSEMKT:WGA)’s stock on May 19, 2014 reported a increase of 2.10% to the closing price of $1.70. Its fifty two weeks range is $1.51 -$2.15. The total market capitalization recorded $20.01million. The overall volume in the last trading session was 44,974.00million shares. In its share capital, WGA has 11.77million outstanding shares.

I.D. Systems, Inc. (NASDAQ:IDSY), a leading provider of wireless M2M asset management solutions, has received a purchase order valued at approximately $200,000 from Southeast Industrial Equipment, Inc., one of the largest dealers of material handling equipment in the southeast United States. The order is for initial deployment of I.D. Systems’ PowerBox™ wireless vehicle management system (VMS) on a fleet of lift trucks in a manufacturing plant of one of the world’s leading appliance manufacturers, a new end user of I.D. Systems’ solutions. On Monday, shares of I.D. Systems, Inc. (NASDAQ:IDSY) dropped -3.82% to close the day at $4.03. Company return on investment (ROI) is -21.80% and its monthly performance is recorded as -32.15%. I.D. Systems, Inc. (NASDAQ:IDSY) quarterly revenue growth is -35.62%.

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