Tetra Technologies, Inc. (NYSE: TTI) is -37.83% lower on its value in year-to-date trading and has touched a low of $2.80 and a high of $6.77 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The TTI stock was last observed hovering at around $2.83 in the last trading session, with the day’s loss setting it -0.02%.
Currently trading at $2.81, the stock is -9.52% and -15.54% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.1 million and changing -0.71% at the moment leaves the stock -29.09% off its SMA200. TTI registered -51.05% loss for a year compared to 6-month loss of -29.22%.
The stock witnessed a -13.54% gain in the last 1 month and extending the period to 3 months gives it a -18.55%, and is -11.64% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.47% over the week and 4.20% over the month.
Tetra Technologies, Inc. (TTI) has around 1500 employees, a market worth around $369.37M and $627.50M in sales. Current P/E ratio is 37.02 and Fwd P/E is 6.56. Profit margin for the company is 1.61%. Distance from 52-week low is 0.36% and -58.49% from its 52-week high. The company has generated returns on investments over the last 12 months (2.80%).
The EPS is expected to shrink by -10.55% this year.
Tetra Technologies, Inc. (TTI) Top Institutional Holders
235.0 institutions hold shares in Tetra Technologies, Inc. (TTI), with institutional investors hold 78.89% of the company’s shares. The shares outstanding are 130.08M, and float is at 117.61M with Short Float at 2.64%. Institutions hold 70.91% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 10.29 million shares valued at $35.6 million. The investor’s holdings represent 7.8874% of the TTI Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 8.18 million shares valued at $28.29 million to account for 6.2677 of the shares outstanding. The other top investors are NEUBERGER BERMAN GROUP LLC which holds 7.82 million shares representing 5.9936% and valued at over $27.05 million, while FULLER & THALER ASSET MANAGEMENT, INC. holds 5.6872 of the shares totaling 7.42 million with a market value of $25.67 million.
Tetra Technologies, Inc. (TTI) Insider Activity
#####
