Tetra Technologies (TTI) has risen sharply, recording gains of 2.82% in the past 4 weeks. However, the stock has corrected -1.28% in the past 1 week, providing a good buying opportunity on dips. Tetra Technologies (TTI) : During the past 4 weeks, traders have been relatively bearish on Tetra Technologies (TTI), hence the stock is down -3.68% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -1.88% relative to the S&P 500.
Tetra Technologies (NYSE:TTI): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $6.13 and $6.02 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $6.20. The buying momentum continued till the end and the stock did not give up its gains. It closed at $6.19, notching a gain of 1.14% for the day. The total traded volume was 750,721 . The stock had closed at $6.12 on the previous day.
The stock has recorded a 20-day Moving Average of 0.39% and the 50-Day Moving Average is 5.32%. TETRA Technologies, Inc. has dropped 17.58% during the last 3-month period . Year-to-Date the stock performance stands at -17.69%.
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.