Team, Inc. (NYSE:TISI - Get Free Report)'s stock price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $17.38 and traded as high as $22.14. Team shares last traded at $21.69, with a volume of 15,052 shares trading hands.
Analysts Set New Price Targets
Separately, StockNews.com lowered shares of Team from a "strong-buy" rating to a "buy" rating in a report on Wednesday, May 14th.
View Our Latest Analysis on TISI
Team Price Performance
The company has a debt-to-equity ratio of 17.55, a current ratio of 1.80 and a quick ratio of 1.57. The company's 50-day moving average price is $19.72 and its 200-day moving average price is $17.40. The company has a market cap of $93.72 million, a P/E ratio of -1.70 and a beta of 1.78.
Team (NYSE:TISI - Get Free Report) last released its quarterly earnings results on Monday, May 12th. The business services provider reported ($3.31) earnings per share (EPS) for the quarter. The firm had revenue of $198.66 million during the quarter. Team had a negative net margin of 6.35% and a negative return on equity of 152.34%.
Institutional Investors Weigh In On Team
Several large investors have recently made changes to their positions in TISI. Dimensional Fund Advisors LP bought a new stake in Team during the fourth quarter worth $140,000. Barclays PLC raised its holdings in shares of Team by 7.3% in the 3rd quarter. Barclays PLC now owns 274,706 shares of the business services provider's stock valued at $4,189,000 after purchasing an additional 18,733 shares during the period. Geode Capital Management LLC lifted its stake in Team by 4.8% in 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 during the last quarter. Manatuck Hill Partners LLC grew its holdings in Team by 23.0% during the fourth quarter. Manatuck Hill Partners LLC now owns 62,075 shares of the business services provider's stock worth $787,000 after purchasing an additional 11,625 shares during the period. Finally, 22NW LP acquired a new position in Team during the first quarter worth approximately $589,000. Institutional investors and hedge funds own 46.57% of the company's stock.
Team Company Profile
(
Get Free Report)
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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