Tetra Technologies (TTI) : 8 analysts are covering Tetra Technologies (TTI) and their average rating on the stock is 1.5, which is read as a Strong Buy. 5 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. Tetra Technologies (TTI) also receives 2 more Buy recommendations from analysts who believe that the stock will do well going forward. A Zacks Investment Research rank of 2, which recommends a Buy affirms that they expect a large upside in the stock from the current levels. A total of 1 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.
Tetra Technologies (TTI) : The highest short term price target forecast on Tetra Technologies (TTI) is $12 and the lowest target price is $6. A total of 8 equity analysts are currently covering the company. The average price of all the analysts is $8.04 with a standard deviation of $1.83.
For the current week, the company shares have a recommendation consensus of Buy.
Tetra Technologies (NYSE:TTI): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $6.37 and $6.34 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $6.59. The buying momentum continued till the end and the stock did not give up its gains. It closed at $6.40, notching a gain of 3.39% for the day. The total traded volume was 2,268,323 . The stock had closed at $6.19 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.