Tetra Technologies (TTI) : During the past 4 weeks, traders have been relatively bearish on Tetra Technologies (TTI), hence the stock is down -10.68% 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 -2.84% relative to the S&P 500. The 4-week change in the price of the stock is -7.68% and the stock has fallen -2.91% in the past 1 week.
The stock has recorded a 20-day Moving Average of 2.74% and the 50-Day Moving Average is 1.08%. TETRA Technologies, Inc. has dropped 16.53% during the last 3-month period . Year-to-Date the stock performance stands at -20.08%.
Tetra Technologies (NYSE:TTI): stock turned positive on Friday. Though the stock opened at $5.74, the bulls momentum made the stock top out at $6.06 level for the day. The stock recorded a low of $5.74 and closed the trading day at $6.01, in the green by 3.26%. The total traded volume for the day was 2,250,390. The stock had closed at $5.82 in the previous days trading.
Also, Equity Analysts at the Brokerage Firm, Credit Suisse, assumes their rating on the shares of Tetra Technologies (NYSE:TTI). Credit Suisse has a Outperform rating on the shares. As per the latest report, the brokerage house announces the price target to $8 per share. The rating by the firm was issued on July 18, 2016.
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.