Taser (TASR) Surges Following Its First Significant UK Order

Taser International Inc. (TASR) shares gained over 4% in the pre-market trading session after the company announced its first significant UK order from the city of London for 178 AXON body-worn video cameras and a one-year subscription to EVIDENCE.com by the City of London Police Department.

“The City of London is currently undergoing a transformation in how we use technology to assist us with keeping the City safe,” said in a statement Chief Superintendent Dave Lawes of the City of London. “We’re excited about TASER’s end-to-end solution that allows our police force the flexibility to integrate with existing and future technology.”

Taser said the order was received and shipped in the first quarter of 2015.

TASR shares recently gained $1.09 to $26.25. In the past 52 weeks, shares of Scottsdale, Arizona-based company have traded between a low of $10.46 and a high of $28.30. Shares are up 47.48% year-over-year ; down 4.98% year-to-date.

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