Tetra Technologies, Inc. (NYSE: TTI) is -35.40% lower on its value in year-to-date trading and has touched a low of $2.68 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 $2.82 in the last trading session, with the day’s gains setting it 0.1%.
Currently trading at $2.92, the stock is -3.52% and -10.66% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.57 million and changing 3.55% at the moment leaves the stock -25.40% off its SMA200. TTI registered -54.73% loss for a year compared to 6-month loss of -31.62%.
The stock witnessed a -7.01% gain in the last 1 month and extending the period to 3 months gives it a -9.32%, and is 3.91% up 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 5.73% over the week and 4.80% over the month.
Tetra Technologies, Inc. (TTI) has around 1500 employees, a market worth around $383.83M and $627.50M in sales. Current P/E ratio is 38.47 and Fwd P/E is 6.82. Profit margin for the company is 1.61%. Distance from 52-week low is 8.96% and -56.86% 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
234.0 institutions hold shares in Tetra Technologies, Inc. (TTI), with institutional investors hold 79.02% of the company’s shares. The shares outstanding are 130.08M, and float is at 117.64M with Short Float at 2.73%. Institutions hold 71.02% 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
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