Team (NYSE:TISI) Share Price Crosses Above 200-Day Moving Average - Time to Sell?

Key Points

• Team, Inc. (NYSE:TISI) recently traded above its 200-day moving average of $18.67, reaching a high of $19.75 during trading.
• Wall Street Zen downgraded Team's rating from "strong-buy" to "hold" on May 22nd.
• The company reported a quarterly loss with an EPS of ($0.20) and a negative net margin of 6.01%.

Shares of Team, Inc. (NYSE:TISI - Get Free Report) crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $18.67 and traded as high as $19.75. Team shares last traded at $19.01, with a volume of 1,930 shares.

Wall Street Analyst Weigh In

Separately, Wall Street Zen lowered Team from a "strong-buy" rating to a "hold" rating in a report on Thursday, May 22nd.

Team Stock Performance

The stock has a 50-day simple moving average of $18.08 and a 200 day simple moving average of $18.73. The company has a debt-to-equity ratio of 183.33, a current ratio of 1.97 and a quick ratio of 1.72. The company has a market capitalization of $82.82 million, a PE ratio of -1.57 and a beta of 1.64.

Team (NYSE:TISI - Get Free Report) last posted its earnings results on Tuesday, August 12th. The business services provider reported ($0.20) EPS for the quarter. The firm had revenue of $248.03 million for the quarter. Team had a negative return on equity of 753.94% and a negative net margin of 6.01%.

Institutional Trading of Team

A number of institutional investors have recently bought and sold shares of the company. AMH Equity Ltd lifted its position in shares of Team by 4.1% in the first quarter. AMH Equity Ltd now owns 46,307 shares of the business services provider's stock valued at $784,000 after acquiring an additional 1,807 shares in the last quarter. Manatuck Hill Partners LLC lifted its holdings in Team by 16.1% in the 2nd quarter. Manatuck Hill Partners LLC now owns 72,075 shares of the business services provider's stock valued at $1,312,000 after purchasing an additional 10,000 shares in the last quarter. Dimensional Fund Advisors LP acquired a new stake in shares of Team during the 4th quarter worth about $140,000. Northern Trust Corp grew its holdings in shares of Team by 52.6% during the fourth quarter. Northern Trust Corp now owns 35,966 shares of the business services provider's stock worth $456,000 after buying an additional 12,400 shares in the last quarter. Finally, 22NW LP purchased a new stake in shares of Team during the first quarter worth about $589,000. 46.57% of the stock is currently owned by hedge funds and other institutional investors.

About Team

Team, Inc, together with its subsidiaries, provides a suite of conventional, specialized, and proprietary mechanical, heat-treating, and inspection services in the United States, Canada, Europe, and internationally. It operates through Inspection and Heat Treating (IHT) and Mechanical Services (MS) segments.