Tetra Technologies, Inc (TTI) recent activity suggests a positive outlook with the last week’s performance of 5.98%

On Monday, Tetra Technologies, Inc (NYSE: TTI) was 4.24% up from the session before settling in for the closing price of $4.25. A 52-week range for TTI has been $2.68 – $5.12.

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Annual sales at Energy sector company grew by 6.45% over the past five years. When this article was written, the company’s average yearly earnings per share was at -32.69%. With a float of $124.72 million, this company’s outstanding shares have now reached $131.79 million.

Let’s look at the performance matrix of the company that is accounted for 1500 employees. 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 and Institutional Ownership

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 5.38%, while institutional ownership is 69.67%.

Tetra Technologies, Inc (TTI) Latest Financial update

Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.09 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

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 1.51. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.95.

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 0.38 in one year’s time.

Technical Analysis of Tetra Technologies, Inc (TTI)

Tetra Technologies, Inc (NYSE: TTI) saw its 5-day average volume 0.91 million, a negative change from its year-to-date volume of 1.25 million. As of the previous 9 days, the stock’s Stochastic %D was 45.67%. Additionally, its Average True Range was 0.22.

During the past 100 days, Tetra Technologies, Inc’s (TTI) raw stochastic average was set at 70.13%, which indicates a significant increase from 41.56% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 57.23% in the past 14 days, which was lower than the 62.03% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $4.01, while its 200-day Moving Average is $3.60. Nevertheless, the first resistance level for the watch stands at $4.49 in the near term. At $4.56, the stock is likely to face the second major resistance level. The third major resistance level sits at $4.65. If the price goes on to break the first support level at $4.34, it is likely to go to the next support level at $4.25. The third support level lies at $4.19 if the price breaches the second support level.

Tetra Technologies, Inc (NYSE: TTI) Key Stats

There are 131,810K outstanding shares of the company, which has a market capitalization of 583.92 million. As of now, sales total 626,260 K while income totals 25,780 K. Its latest quarter income was 141,700 K while its last quarter net income were -3,000 K.