Taser (TASR) Shares Gain On Possible D.C. Pilot Body Camera Program Expansion

Shares of Taser International Inc. (TASR) are higher by 1% to $27.10 in early trading on Wednesday, following reports that Washington D.C. wants to expand their pilot body camera program from 200 to almost 3,000 units.

On valuation measures, Taser International Inc, currently valued at $1.44 billion, has a median Wall Street price target of $28.00 with a high target of $30.00. In the past 52 weeks, shares of the developer and manufacturer of body worn cameras for law enforcement and military use have traded between a low of $10.46 and a high of $28.30 with the 50-day MA and 200-day MA located at $24.25 and $22.61 levels, respectively. Additionally, shares of TASR trade at a P/E ratio of 2.29 and have a Relative Strength Index (RSI) and MACD indicator of 61.83 and +1.65, respectively.

TASR currently prints a one year return of 60.27% and a year-to-date return of 1.32%.

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