TETRA Technologies Inc. (NYSE: TTI) open the trading on March 16, 2023, with a bit cautious approach as it glided -3.61% to $2.67. During the day, the stock rose to $2.74 and sunk to $2.55 before settling in for the price of $2.77 at the close. Taking a more long-term approach, TTI posted a 52-week range of $2.72-$5.82.
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The Energy sector firm’s twelve-monthly sales growth has been -5.20% for the last half of the decade. Meanwhile, its Annual Earning per share during the time was -27.00%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 143.70%. This publicly-traded company’s shares outstanding now amounts to $128.66 million, simultaneously with a float of $115.78 million. The organization now has a market capitalization sitting at $356.31 million. At the time of writing, stock’s 50-day Moving Average stood at $3.68, while the 200-day Moving Average is $3.95.
TETRA Technologies Inc. (TTI) Ownership Facts and Figures
Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the Oil & Gas Equipment & Services industry. TETRA Technologies Inc.’s current insider ownership accounts for 2.60%, in contrast to 62.60% institutional ownership. According to the most recent insider trade that took place on Mar 09, this organization’s Sr. Vice President bought 7,500 shares at the rate of 3.49, making the entire transaction reach 26,169 in total value, affecting insider ownership by 17,500. Preceding that transaction, on Mar 08, Company’s President & CEO bought 30,000 for 3.41, making the whole transaction’s value amount to 102,300. This particular insider is now the holder of 1,722,450 in total.
TETRA Technologies Inc. (TTI) Earnings and Revenue Records
So, what does the last quarter earnings report of the company that was made public on 9/29/2022 suggests? It has posted $0.02 earnings per share (EPS) not meeting the forecaster’s viewpoint (set at $0.04) by -$0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.06 per share during the current fiscal year.
TETRA Technologies Inc.’s EPS increase for this current 12-month fiscal period is 143.70% and is forecasted to reach 0.39 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 29.00% through the next 5 years, which can be compared against the -27.00% growth it accomplished over the previous five years trading on the market.
TETRA Technologies Inc. (NYSE: TTI) Trading Performance Indicators
Let’s observe the current performance indicators for TETRA Technologies Inc. (TTI). It’s Quick Ratio in the last reported quarter now stands at 1.30. The Stock has managed to achieve an average true range (ATR) of 0.21. Alongside those numbers, its PE Ratio stands at $45.25, and its Beta score is 2.61. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.64.
In the same vein, TTI’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 0.06, a figure that is expected to reach 0.05 in the next quarter, and analysts are predicting that it will be 0.39 at the market close of one year from today.
Technical Analysis of TETRA Technologies Inc. (TTI)
[TETRA Technologies Inc., TTI] recent stats showed that its last 5-days Average volume was superior the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 7.57% While, its Average True Range was 0.22.
Raw Stochastic average of TETRA Technologies Inc. (TTI) in the period of the previous 100 days is set at 4.78%, which indicates a major fall in contrast to 8.12% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 57.52% that was lower than 59.67% volatility it exhibited in the past 100-days period.