Tetra Technologies (TTI) : 5 brokerage houses believe that Tetra Technologies (TTI) is a Strong Buy at current levels. 2 Analyst considers the fundamentals to be worthy of a Buy recommendation. 1 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Tetra Technologies (TTI). Zacks Investment Research suggests a Hold with a rank of 3.The median of all the 8 Wall Street Analysts endorse the stock as a Strong Buy with a rating of 1.5.
Tetra Technologies (TTI) : Average target price received by Tetra Technologies (TTI) is $8.17 with an expected standard deviation of $1.78. The most aggressive target on the stock is $12, whereas the most downbeat target is $6. 8 financial analysts are currently covering the stock.
For the current week, the company shares have a recommendation consensus of Buy.
Tetra Technologies (NYSE:TTI): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $5.62 and $5.57 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $5.89. The buying momentum continued till the end and the stock did not give up its gains. It closed at $5.83, notching a gain of 3.37% for the day. The total traded volume was 976,664 . The stock had closed at $5.64 on the previous day.
TETRA Technologies, Inc. is an oil and gas services company. The Company is focused on completion fluids and associated products and services, water management, frac flowback, production well testing, offshore rig cooling, compression services and equipment, and selected offshore services, including well plugging and abandonment, decommissioning and diving. The Company has a limited domestic oil and gas production business. It is composed of five segments organized into four divisions: Fluids, Production Testing, Compression and Offshore. The Companys Fluids division manufactures and markets clear brine fluids, additives, and associated products and services. The Production Testing division provides frac flowback, production well testing, offshore rig cooling and other associated services. The Compression division is a provider of compression services and equipment. The Offshore division provides downhole and subsea services, decommissioning and certain construction services.