Tetra Technologies, Inc (TTI) concluded trading on Thursday at a closing price of $4.98, with 3.18 million shares of worth about $15.85 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 31.75% during that period and on January 16, 2025 the price saw a gain of about 5.73%. Currently the company’s common shares owned by public are about 131.79M shares, out of which, 124.86M shares are available for trading.
Stock saw a price change of 29.35% in past 5 days and over the past one month there was a price change of 35.33%. Year-to-date (YTD), TTI shares are showing a performance of 39.11% which increased to 22.96% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $2.68 but also hit the highest price of $5.08 during that period. The average intraday trading volume for Tetra Technologies, Inc shares is 1.09 million. The stock is currently trading 30.45% above its 20-day simple moving average (SMA20), while that difference is up 30.92% for SMA50 and it goes to 37.94% higher than SMA200.
Tetra Technologies, Inc (NYSE: TTI) currently have 131.79M outstanding shares and institutions hold larger chunk of about 69.67% of that.
The stock has a current market capitalization of $656.42M and its 3Y-monthly beta is at 2.05. PE ratio of stock for trailing 12 months is 411.57, while it has posted earnings per share of $0.01 in the same period. It has Quick Ratio of 1.51 while making debt-to-equity ratio of 1.37. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for TTI, volatility over the week remained 6.91% while standing at 5.42% over the month.
Analysts are in expectations that Tetra Technologies, Inc (TTI) stock would likely to be making an EPS of 0.03 in the current quarter, while forecast for next quarter EPS is 0.09 and it is 0.4 for next year. For the current quarter EPS, analysts have given the company a lowest target 0.02 which is 0.03 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of 0.03 in the same quarter a year ago. Stock’s fiscal year EPS is expected to drop by -32.69% while it is estimated to increase by 118.10% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by The Benchmark Company on September 28, 2023 offering a Buy rating for the stock and assigned a target price of $8 to it. Coverage by Johnson Rice stated Tetra Technologies, Inc (TTI) stock as a Buy in their note to investors on June 24, 2022, suggesting a price target of $7 for the stock. On February 03, 2021, Stifel Upgrade their recommendations, while on February 02, 2021, Evercore ISI Upgrade their ratings for the stock with a price target of $3. Stock get an Equal weight rating from Wells Fargo on March 13, 2020.
