Tetra Technologies, Inc. (NYSE: TTI) on Monday, plunged -2.96% from the previous trading day, before settling in for the closing price of $3.38. Within the past 52 weeks, TTI’s price has moved between $2.68 and $6.52.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Energy Sector giant saw their annual sales slid by -3.61% over the last five years. The company achieved an average annual earnings per share of -21.79%. With a float of $124.31 million, this company’s outstanding shares have now reached $130.08 million.
The firm has a total of 1500 workers. Let’s measure their productivity. In terms of profitability, gross margin is 22.22%, operating margin of 5.43%, and the pretax margin is 2.69%.
Tetra Technologies, Inc. (TTI) Insider Activity
Observing investor behavior towards Oil & Gas Equipment & Services industry stocks is more important than anything else. The insider ownership of Tetra Technologies, Inc. is 5.43%, while institutional ownership is 69.69%.
Tetra Technologies, Inc. (TTI) Earnings and Forecasts
As on 6/30/2024, Multinational firm has announced its last quarter scores, in which it reported 0.07 earnings per share (EPS) for the period falling under the consensus outlook (set at 0.09) by -0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.05 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -21.79% per share during the next fiscal year.
Tetra Technologies, Inc. (NYSE: TTI) Trading Performance Indicators
Tetra Technologies, Inc. (TTI) is currently performing well based on its current performance indicators. A quick ratio of 1.72 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.69.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.08, a number that is poised to hit 0.03 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 1.43 million was better than the volume posted last year of 1.32 million. As of the previous 9 days, the stock’s Stochastic %D was 55.24%. Additionally, its Average True Range was 0.15.
During the past 100 days, Tetra Technologies, Inc.’s (TTI) raw stochastic average was set at 45.80%, which indicates a significant increase from 35.90% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 46.61% in the past 14 days, which was lower than the 49.95% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.12, while its 200-day Moving Average is $3.74. Now, the first resistance to watch is $3.37. This is followed by the second major resistance level at $3.46. The third major resistance level sits at $3.51. If the price goes on to break the first support level at $3.23, it is likely to go to the next support level at $3.18. Should the price break the second support level, the third support level stands at $3.09.
Tetra Technologies, Inc. (NYSE: TTI) Key Stats
Market capitalization of the company is 431.16 million based on 131,139K outstanding shares. Right now, sales total 626,260 K and income totals 25,780 K. The company made 171,940 K in profit during its latest quarter, and 7,640 K in sales during its previous quarter.
