Tetra Technologies, Inc. (NYSE: TTI) is -23.67% 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 $3.44 in the last trading session, with the day’s gains setting it 0.01%.
Currently trading at $3.45, the stock is 9.14% and 11.04% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.23 million and changing 0.29% at the moment leaves the stock -8.63% off its SMA200. TTI registered -44.35% loss for a year compared to 6-month loss of -25.49%. The firm has a 50-day simple moving average (SMA 50) of $3.107 and a 200-day simple moving average (SMA200) of $3.77605.
The stock witnessed a 21.48% gain in the last 1 month and extending the period to 3 months gives it a -5.48%, and is 2.37% 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 4.04% over the week and 4.58% over the month.
Tetra Technologies, Inc. (TTI) has around 1500 employees, a market worth around $453.50M and $627.50M in sales. Current P/E ratio is 45.45 and Fwd P/E is 8.46. Profit margin for the company is 1.61%. Distance from 52-week low is 28.73% and -49.03% from its 52-week high. The company has generated returns on investments over the last 12 months (2.80%).
with sales reaching $149.62M over the same period.The EPS is expected to shrink by -15.38% this year, but quarterly earnings will post 1.00% year-over-year. Quarterly sales are estimated to shrink -1.20% in year-over-year returns.
Tetra Technologies, Inc. (TTI) Top Institutional Holders
236.0 institutions hold shares in Tetra Technologies, Inc. (TTI), with institutional investors hold 74.94% of the company’s shares. The shares outstanding are 130.08M, and float is at 124.31M with Short Float at 2.33%. Institutions hold 71.14% 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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