Q: Hi There,
I’ve owned this company for quite awhile. I know you like it, it seems to have largely recovered from its past issues. But no traction even though the last few quarters showed quite good results….What’s up with it?
Thank you!
I’ve owned this company for quite awhile. I know you like it, it seems to have largely recovered from its past issues. But no traction even though the last few quarters showed quite good results….What’s up with it?
Thank you!
5i Research Answer:
TSU is still up 15% year-to-date and 19% over the last year. The company missed revenue estimates in its most recent quarterly results prompting a decline, but the results were generally fine. There simply has not been much news around it and the earnings have not blown investors away which has led to the choppy price action we have seen. We still like TSU and think a good quarter in the future could propel the stock higher.