Is Communications Systems Inc (NASDAQ:JCS) a Buy? The Stock Reported more Sellers

Communications Systems, Inc. (NASDAQ:JCS) Logo

Investors sentiment increased to 1 in Q2 2019. Its up 0.50, from 0.5 in 2019Q1. It improved, as 2 investors sold Communications Systems, Inc. shares while 7 reduced holdings. 3 funds opened positions while 6 raised stakes. 2.39 million shares or 1.67% less from 2.43 million shares in 2019Q1 were reported.
Moreover, Bank & Trust Of Mellon Corp has 0% invested in Communications Systems, Inc. (NASDAQ:JCS). Gabelli Funds Ltd Liability Co stated it has 310,000 shares or 0.01% of all its holdings. Morgan Stanley accumulated 15,838 shares or 0% of the stock. Deutsche Retail Bank Ag holds 15,500 shares. Northern Corp owns 22,120 shares. Tower Research Capital Limited (Trc) invested in 491 shares. Ameriprise Inc owns 0% invested in Communications Systems, Inc. (NASDAQ:JCS) for 12,167 shares. Alpha Cubed Invests Limited Co reported 19,363 shares. Royal Savings Bank Of Canada reported 1,820 shares or 0% of all its holdings. Dimensional Fund Limited Partnership invested in 446,710 shares. Geode Capital Mgmt Llc reported 26,144 shares. Gamco Invsts Et Al, New York-based fund reported 529,525 shares. California Pub Employees Retirement holds 26,400 shares or 0% of its portfolio. Vanguard Group holds 0% or 88,050 shares. Ancora Lc reported 0.01% of its portfolio in Communications Systems, Inc. (NASDAQ:JCS).

Since May 28, 2019, it had 3 buys, and 0 insider sales for $5.57 million activity. Lacey Roger HD bought $991 worth of stock or 200 shares. Fandrich Mark had bought 250 shares worth $1,064.

The stock of Communications Systems Inc (NASDAQ:JCS) registered an increase of 181.82% in short interest. JCS’s total short interest was 6,200 shares in September as published by FINRA. Its up 181.82% from 2,200 shares, reported previously. With 8,000 shares average volume, it will take short sellers 1 days to cover their JCS’s short positions. The short interest to Communications Systems Inc’s float is 0.09%.

The stock increased 0.59% or $0.03 during the last trading session, reaching $5.11. About 31,237 shares traded or 39.65% up from the average. Communications Systems, Inc. (NASDAQ:JCS) has risen 0.82% since September 13, 2018 and is uptrending. It has outperformed by 0.82% the S&P500.

Communications Systems, Inc., together with its subsidiaries, makes and sells connectivity infrastructure products for broadband and voice communications in North America, Europe, the Middle East, Africa, and internationally. The company has market cap of $48.95 million. The companyÂ’s Suttle segment provides enclosure systems to support premise distribution of broadband and other connectivity networks; fiber optic management and connectivity solutions for access and premise networks; and modular connecting products for copper telecommunications networks, as well as DSL products that support broadband connectivity to copper networks under the Suttle brand name. It has a 64.68 P/E ratio. This segment serves telephone companies, electrical/low-voltage contractors, home builders, cable customers, and original equipment manufacturers directly, as well as through distributors.

More notable recent Communications Systems, Inc. (NASDAQ:JCS) news were published by: Benzinga.com which released: “Stocks That Hit 52-Week Highs Of Tuesday – Benzinga” on August 13, 2019, also Benzinga.com with their article: “Stocks That Hit 52-Week Highs On Thursday – Benzinga” published on August 15, 2019, Finance.Yahoo.com published: “VALOE INTERIM REPORT 1 JANUARY – 30 JUNE 2019 – Yahoo Finance” on August 28, 2019. More interesting news about Communications Systems, Inc. (NASDAQ:JCS) were released by: Finance.Yahoo.com and their article: “Does Communications Systems, Inc.’s (NASDAQ:JCS) CEO Salary Compare Well With Others? – Yahoo Finance” published on August 14, 2019 as well as Seekingalpha.com‘s news article titled: “Communications Systems +8% as subsidiary Suttle sells its Futurelinkâ„¢ Fiber business line for $5M – Seeking Alpha” with publication date: April 05, 2019.

Communications Systems, Inc. (NASDAQ:JCS) Institutional Positions Chart

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