On Friday, Tetra Technologies, Inc. (NYSE: TTI) opened lower -3.74% from the last session, before settling in for the closing price of $4.81. Price fluctuations for TTI have ranged from $2.56 to $6.77 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Energy sector saw sales slided by -3.61%. Company’s average yearly earnings per share was noted 14.32% at the time writing. With a float of $117.84 million, this company’s outstanding shares have now reached $130.08 million.
The extent of productivity of a business whose workforce counts for 1500 workers is very important to gauge.
Tetra Technologies, Inc. (TTI) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Oil & Gas Equipment & Services industry is another important factor to consider. The insider ownership of Tetra Technologies, Inc. is 10.14%, while institutional ownership is 70.14%. The most recent insider transaction that took place on Aug 02 ’23, 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.
Tetra Technologies, Inc. (TTI) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 86.37 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 14.32% per share during the next fiscal year.
Tetra Technologies, Inc. (NYSE: TTI) Trading Performance Indicators
Check out the current performance indicators for Tetra Technologies, Inc. (TTI). In the past quarter, the stock posted a quick ratio of 1.47. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.97. Likewise, its price to free cash flow for the trailing twelve months is 18.94.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.20, a number that is poised to hit 0.03 in the next quarter and is forecasted to reach 0.47 in one year’s time.
Technical Analysis of Tetra Technologies, Inc. (TTI)
The latest stats from [Tetra Technologies, Inc., TTI] show that its last 5-days average volume of 1.19 million was inferior to 1.43 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 52.56%. Additionally, its Average True Range was 0.20.
During the past 100 days, Tetra Technologies, Inc.’s (TTI) raw stochastic average was set at 67.15%, which indicates a significant increase from 41.44% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 39.80% in the past 14 days, which was higher than the 38.87% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $4.21, while its 200-day Moving Average is $4.77. Now, the first resistance to watch is $4.81. This is followed by the second major resistance level at $4.99. The third major resistance level sits at $5.08. If the price goes on to break the first support level at $4.54, it is likely to go to the next support level at $4.45. The third support level lies at $4.27 if the price breaches the second support level.
Tetra Technologies, Inc. (NYSE: TTI) Key Stats
There are currently 131,136K shares outstanding in the company with a market cap of 607.18 million. Presently, the company’s annual sales total 626,260 K according to its annual income of 25,780 K. Last quarter, the company’s sales amounted to 153,130 K and its income totaled -3,890 K.
