In a recent bid TETRA Technologies Inc. [TTI] faced a contemporary bid of $0.71 yielding a 10.07% incline where 1.32 million shares have exchanged hands over the last week. TTI amount got a boost by 4.16% or $0.03 versus $0.68 at the end of the prior session. This change led market cap to move at 85.51M, putting the price 222.45% below the 52-week high and -66.69% above the 52-week low. The company’s stock has a normal trading capacity of 1.32 million shares while the relative volume is 2.59.

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Analyst Birdseye View:

The most recent analyst activity for TETRA Technologies Inc. [NYSE:TTI] stock was on March 11, 2020, when it was Downgrade with a Neutral rating from B. Riley FBR, which also lowered its 12-month price target on the stock from $2.25 to $1.25. Before that, on March 13, 2020, Wells Fargo Recapitulated an Equal weight rating and elevated its amount target to $1. On March 10, 2020, Stifel Downgrade a Hold rating and plunged its price target on this stock from $2 to $1. On March 09, 2020, Evercore ISI Downgrade an Underperform rating. On February 19, 2019, Johnson Rice Downgrade a Hold rating. On December 13, 2018, Raymond James Downgrade a Mkt perform rating. On July 06, 2018, B. Riley FBR Inc. Initiated a Buy rating. Scotia Howard Weil elevated its amount target by recapitulating a higher weight for this stock.

In the past 52 weeks of trading, this stock has oscillated between a low of $0.22 and a peak of $2.13. Right now, the middling Wall Street analyst 12-month amount mark is $1.00. At the most recent market close, shares of TETRA Technologies Inc. [NYSE:TTI] were valued at $0.71.

FUNDAMENTAL ANALYSIS

TETRA Technologies Inc. [NYSE:TTI] most recently reported quarterly sales of 152.6 billion, which represented growth of -37.90%. This publicly-traded organization’s revenue is $399,205 per employee, while its income is -$52,769 per employee. This company’s Gross Margin is currently 17.80%, its Operating Margin is -13.00%, its Pretax Margin is -13.89, and its Net Margin is -13.22. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at -10.33, -132.07, 4.08 and -14.09 respectively.

The Principal structure of this organization shows its whole liability to whole principal at 96.37 and the whole liability to whole assets at 71.75. It shows enduring liability to the whole principal at 94.70 and enduring liability to assets at 0.71 while looking for an extended time period.

Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 0.6529 points at 1st support level, the second support level is making up to 0.6248. But as of 1st resistance point, this stock is sitting at 0.7013 and at 0.7216 for 2nd resistance point.

TETRA Technologies Inc. [TTI] reported its earnings at -$0.09 per share in the fiscal quarter closing of 9/29/2020. The Analysts for Wall Street were expecting to report its earnings at -$0.1/share signifying the difference of 0.01 and 10.00% surprise value. Comparing the previous quarter ending of 6/29/2020, the stated earnings were -$0.09 calling estimates for -$0.08/share with the difference of -0.01 depicting the surprise of -12.50%.

Important Ratio’s To Watch

Meanwhile, turning our focus to liquidity, the Current Ratio for TETRA Technologies Inc. [NYSE:TTI] is 2.40. Likewise, the Quick ratio is also the same, showing Cash ratio at 0.09. Now if looking for a valuation of this stock’s amount to sales ratio it’s 0.24 and it’s amount to book ratio is 7.16.

Insider Stories

The most recent insider trade was by LUNA GINA, Director, and it was the purchase of 0.17 million shares on Jun 30. O’Brien Richard D, the VP-Finance & Global Controller, completed a purchase of 79500.0 shares on Jun 29. On Jun 26, SULLIVAN WILLIAM D, Director, completed a purchase of 0.11 million shares.