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

Team, Inc. (NYSE:TISI - Get Free Report)'s share price passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $17.97 and traded as high as $18.49. Team shares last traded at $18.16, with a volume of 18,608 shares traded.

Analyst Upgrades and Downgrades

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

Team Stock Performance

The company's 50-day moving average price is $20.09 and its 200 day moving average price is $17.97. The company has a debt-to-equity ratio of 183.33, a quick ratio of 1.65 and a current ratio of 1.91. The stock has a market capitalization of $81.54 million, a PE ratio of -1.60 and a beta of 1.77.

Team (NYSE:TISI - Get Free Report) last posted its earnings results on Monday, May 12th. The business services provider reported ($3.31) EPS for the quarter. Team had a negative return on equity of 753.94% and a negative net margin of 5.97%. The company had revenue of $198.66 million during the quarter.

Insider Activity

In related news, Director Evan S. Lederman sold 1,650 shares of Team stock in a transaction dated Thursday, May 29th. The shares were sold at an average price of $18.04, for a total transaction of $29,766.00. Following the completion of the transaction, the director directly owned 5,878 shares of the company's stock, valued at $106,039.12. This trade represents a 21.92% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, major shareholder Corre Partners Management, Llc purchased 3,640 shares of the stock in a transaction that occurred on Wednesday, June 11th. The shares were acquired at an average cost of $19.28 per share, with a total value of $70,179.20. Following the completion of the transaction, the insider owned 1,586,368 shares in the company, valued at $30,585,175.04. This trade represents a 0.23% increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last ninety days, insiders bought 27,776 shares of company stock valued at $525,907. Corporate insiders own 3.70% of the company's stock.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. AMH Equity Ltd increased its stake in Team by 4.1% during the 1st quarter. AMH Equity Ltd now owns 46,307 shares of the business services provider's stock valued at $784,000 after purchasing an additional 1,807 shares in the last quarter. JPMorgan Chase & Co. increased its stake in Team by 11,511.8% during the 4th quarter. JPMorgan Chase & Co. now owns 1,974 shares of the business services provider's stock valued at $25,000 after purchasing an additional 1,957 shares in the last quarter. Geode Capital Management LLC increased its stake in Team by 4.8% during the 4th quarter. Geode Capital Management LLC now owns 44,471 shares of the business services provider's stock valued at $564,000 after purchasing an additional 2,033 shares in the last quarter. Dimensional Fund Advisors LP bought a new stake in Team during the 4th quarter valued at about $140,000. Finally, Manatuck Hill Partners LLC increased its stake in Team by 23.0% during the 4th quarter. Manatuck Hill Partners LLC now owns 62,075 shares of the business services provider's stock valued at $787,000 after purchasing an additional 11,625 shares in the last quarter. 46.57% of the stock is owned by hedge funds and other institutional investors.

Team Company Profile

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.

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