A new trading day began on Monday, with Tetra Technologies, Inc (NYSE: TTI) stock price up 5.75% from the previous day of trading, before settling in for the closing price of $3.65. TTI’s price has ranged from $2.68 to $5.08 over the past 52 weeks.
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A company in the Energy sector has dropped its sales by -3.61% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged -32.69%. With a float of $124.65 million, this company’s outstanding shares have now reached $130.08 million.
In an organization with 1500 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 21.99%, operating margin of 7.46%, and the pretax margin is 2.87%.
Tetra Technologies, Inc (TTI) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Oil & Gas Equipment & Services Industry. The insider ownership of Tetra Technologies, Inc is 5.43%, while institutional ownership is 68.72%.
Tetra Technologies, Inc (TTI) Performance Highlights and Predictions
In its latest quarterly report, released on 9/30/2024, the company reported earnings of 0.03 per share, which was $0.1 lower than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.08 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -32.69% per share during the next fiscal year.
Tetra Technologies, Inc (NYSE: TTI) Trading Performance Indicators
Here are Tetra Technologies, Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.51. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.81.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.01, a number that is poised to hit 0.03 in the next quarter and is forecasted to reach 0.39 in one year’s time.
Technical Analysis of Tetra Technologies, Inc (TTI)
Let’s dig in a bit further. During the last 5-days, its volume was 1.31 million. That was inferior than the volume of 1.34 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 82.97%. Additionally, its Average True Range was 0.21.
During the past 100 days, Tetra Technologies, Inc’s (TTI) raw stochastic average was set at 90.08%, which indicates a significant decrease from 97.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 106.13% in the past 14 days, which was higher than the 64.49% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.18, while its 200-day Moving Average is $3.67. However, in the short run, Tetra Technologies, Inc’s stock first resistance to watch stands at $3.95. Second resistance stands at $4.04. The third major resistance level sits at $4.21. If the price goes on to break the first support level at $3.69, it is likely to go to the next support level at $3.52. Assuming the price breaks the second support level, the third support level stands at $3.43.
Tetra Technologies, Inc (NYSE: TTI) Key Stats
With a market capitalization of 503.27 million, the company has a total of 131,810K Shares Outstanding. Currently, annual sales are 626,260 K while annual income is 25,780 K. The company’s previous quarter sales were 141,700 K while its latest quarter income was -3,000 K.
