Tetra Technologies, Inc (NYSE: TTI) is 9.78% higher on its value in year-to-date trading and has touched a low of $2.68 and a high of $5.12 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The TTI stock was last observed hovering at around $4.10 in the last trading session, with the day’s loss setting it -0.17%.
Currently trading at $3.93, the stock is -8.83% and -4.55% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.06 million and changing -4.15% at the moment leaves the stock 9.00% off its SMA200. TTI registered 3.69% gain for a year compared to 6-month gain of 21.67%.
The stock witnessed a -9.45% loss in the last 1 month and extending the period to 3 months gives it a -2.72%, and is -11.49% 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 7.87% over the week and 5.08% over the month.
Tetra Technologies, Inc (TTI) has around 1400 employees, a market worth around $518.01M and $599.11M in sales. Current P/E ratio is 4.82 and Fwd P/E is 7.97. Profit margin for the company is 18.07%. Distance from 52-week low is 46.64% and -23.24% from its 52-week high. The company has generated returns on investments over the last 12 months (23.41%).
with sales reaching $171.3M over the same period.The EPS is expected to grow by 124.51% this year, but quarterly earnings will post 9.90% year-over-year. Quarterly sales are estimated to grow 13.46% in year-over-year returns.
The shares outstanding are 131.81M, and float is at 124.86M with Short Float at 2.88%.
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 $$27.05 million, while FULLER & THALER ASSET MANAGEMENT, INC. holds 5.6521 of the shares totaling 7.42 million with a market value of $$25.67 million.
