Impact of Brokerage Rating on Tetra Technologies, Inc.(TTI)

Many Tetra Technologies, Inc.(TTI) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. TETRA Technologies was Initiated by BofA/Merrill to Buy on Dec 22, 2016. TETRA Technologies was Downgraded by RBC Capital Mkts on Dec 16, 2016 to Sector Perform, Lowers Price Target to $ 5 from a previous price target of $6 .

Company has reported several Insider transactions to the SEC, on Feb 2, 2017, Peter J Pintar (Sr. Vice President) sold 50,000 shares at 5.00 per share price.On Nov 22, 2016, Elisabeth K Evans (VP of Human Resources) sold 14,012 shares at 5.42 per share price.On Aug 30, 2016, Keith L Schilling (Sr. VP) sold 24,341 shares at 6.36 per share price.

TETRA Technologies Last issued its quarterly earnings results on Nov 7, 2016. The company reported $-0.05 EPS for the quarter. Analyst had a consensus estimate of $-0.05. The company had revenue of $176.60 million for the quarter, compared to analysts expectations of $203.16 million. The companys revenue was down -42.1 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.17 EPS.

Tetra Technologies, Inc. (NYSE:TTI) has received a short term rating of buy from experts at Zacks with a rank of 2. The stock has been rated an average of 1.45 by 11 Brokerage Firm. 8 Wall Street Firms have rated the stock as a strong buys. 1 stock experts have also suggested a buy rating. 2 Brokerage Firms have advised hold.

Tetra Technologies, Inc. (NYSE:TTI): According to 11 Analysts, The short term target price has been estimated at $ 6.9.The target price could deviate by a maximum of $1.36 from the forecast price. In the near term, the target price could hit a high of $9 and a low of $ 5.

Tetra Technologies, Inc. (NYSE:TTI) rose 1.6% or 0.08 points on Tuesday and made its way into the gainers of the day. After trading began at $5 the stock was seen hitting $5.09 as a peak level and $4.93 as the lowest level. The stock ended up at $5.07. The daily volume was measured at 1,244,653 shares. The 52-week high of the share price is $7.75 and the 52-week low is $4.29. The company has a market cap of $583 million.

TETRA Technologies, Inc. is an energy services company with an integrated chemicals operation that supplies chemical products to energy markets, as well as other markets. TETRA is comprised of three divisions – Fluids, Well Abandonment/Decommissioning and Testing & Services.

Tetra

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