$0.95 in average volume shows that Tetra Technologies, Inc. (TTI) is heading in the right direction

On Monday, Tetra Technologies, Inc. (NYSE: TTI) was 4.60% up from the session before settling in for the closing price of $3.91. A 52-week range for TTI has been $2.43 – $6.77.

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Energy Sector giant saw their annual sales slid by -7.81% over the last five years. When this article was written, the company’s average yearly earnings per share was at 102.35%. With a float of $117.67 million, this company’s outstanding shares have now reached $128.66 million.

Tetra Technologies, Inc. (TTI) Insider Activity

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Tetra Technologies, Inc. stocks. The insider ownership of Tetra Technologies, Inc. is 9.54%, while institutional ownership is 69.29%. The most recent insider transaction that took place on Aug 02, was worth 59,899. In this transaction Director of this company sold 12,000 shares at a rate of $4.99, taking the stock ownership to the 505,373 shares. Before that another transaction happened on Mar 09, when Company’s Sr. Vice President bought 7,500 for $3.49, making the entire transaction worth $26,169. This insider now owns 17,500 shares in total.

Tetra Technologies, Inc. (TTI) Earnings and Forecasts

Wall Street market experts anticipate that the next fiscal year will bring earnings of 249.14 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 102.35% per share during the next fiscal year.

Tetra Technologies, Inc. (NYSE: TTI) Trading Performance Indicators

You can see what Tetra Technologies, Inc. (TTI) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.41. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.86. Likewise, its price to free cash flow for the trailing twelve months is 79.17.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.21, a number that is poised to hit 0.06 in the next quarter and is forecasted to reach 0.40 in one year’s time.

Technical Analysis of Tetra Technologies, Inc. (TTI)

Analysing the last 5-days average volume posted by the [Tetra Technologies, Inc., TTI], we can find that recorded value of 1.08 million was lower than the volume posted last year of 1.38 million. As of the previous 9 days, the stock’s Stochastic %D was 25.60%. Additionally, its Average True Range was 0.18.

During the past 100 days, Tetra Technologies, Inc.’s (TTI) raw stochastic average was set at 10.19%, which indicates a significant decrease from 36.90% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 50.40% in the past 14 days, which was lower than the 51.38% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $4.35, while its 200-day Moving Average is $4.47. Now, the first resistance to watch is $4.16. This is followed by the second major resistance level at $4.22. The third major resistance level sits at $4.35. If the price goes on to break the first support level at $3.97, it is likely to go to the next support level at $3.84. Should the price break the second support level, the third support level stands at $3.78.

Tetra Technologies, Inc. (NYSE: TTI) Key Stats

There are 130,079K outstanding shares of the company, which has a market capitalization of 532.03 million. As of now, sales total 553,210 K while income totals 7,840 K. Its latest quarter income was 151,460 K while its last quarter net income were 5,420 K.