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TASER International, Inc. (TASR) develops, manufactures, and sells conducted electrical weapons (CEWs) worldwide.
It operates through two segments, TASER Weapons and AXON.
The companys CEW products transmit electrical pulses along the wires and into the body affecting the sensory and motor functions of the peripheral nervous system. It offers three hand-held CEW product lines, including TASER X26P and TASER X2, which integrates with EVIDENCE.com; and TASER X26.
The company also offers consumer products comprising TASER C2 CEW; smart cartridges, which communicate with the fire control system; standard cartridges that are used in CEW systems for warm and cold climates, training scenarios, and tactical situations; and training cartridges, which allow law enforcement, military, and corrections trainers to use the cartridge during training, as well as other accessories, such as standard replacement and modified batteries.
In addition, it provides video products, including AXON camera system that utilizes advanced audio-video record and capture devices worn by first responders to record the video and audio of critical incidents from the visual perspective of the officer; the AXON body camera, a body worn camera for law enforcement; EVIDENCE.COM, a cloud-based digital evidence management system and warehouse, offering digital evidence management, sharing, analysis, and storage; and the TASER Cam HD, a video recording device that captures video and audio of potential and actual TASER use incidents as an accessory to a TASER CEW.
The company sells its products to law enforcement, federal, military, corrections, private security, and personal defense markets through its direct sales force, distribution partners, online store, and third-party resellers.
Shares have formed a bullish "cup and handle" and higher share prices are expected for this stock.
52-WeeksTrading Range: $10.46 - $35.95
Entry Point: $33.70
Stop Loss: $32.06
Target Price: $37.13
TASR closed at $34.00
