Team's (TISI) "Sell (D-)" Rating Reaffirmed at Weiss Ratings

Key Points

• Team, Inc. (NYSE:TISI) has been reaffirmed with a "Sell (D-)" rating by Weiss Ratings in a recent research report.
• The company's stock is currently trading at $15.24, with a 52-week range of $11.12 to $26.77 and a market capitalization of $68.58 million.
• Team reported a negative earnings per share of ($0.20) for the recent quarter, while institutional investors hold approximately 46.57% of the stock.

Team (NYSE:TISI - Get Free Report)'s stock had its "sell (d-)" rating reissued by equities research analysts at Weiss Ratings in a research report issued on Wednesday,Weiss Ratings reports.

Team Stock Performance

TISI traded up $0.09 on Wednesday, hitting $15.24. 12,032 shares of the company were exchanged, compared to its average volume of 15,635. The firm has a fifty day simple moving average of $17.86 and a two-hundred day simple moving average of $18.94. Team has a 12 month low of $11.12 and a 12 month high of $26.77. The stock has a market capitalization of $68.58 million, a PE ratio of -1.30 and a beta of 1.58.

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

Institutional Investors Weigh In On Team

A number of large investors have recently made changes to their positions in TISI. 22NW LP grew its position in shares of Team by 391.1% in the 2nd quarter. 22NW LP now owns 171,090 shares of the business services provider's stock worth $3,114,000 after buying an additional 136,255 shares during the last quarter. AMH Equity Ltd grew its position in shares of Team by 72.8% in the 2nd quarter. AMH Equity Ltd now owns 80,000 shares of the business services provider's stock worth $1,456,000 after buying an additional 33,693 shares during the last quarter. Finally, Manatuck Hill Partners LLC grew its position in shares of Team by 16.1% in the 2nd quarter. Manatuck Hill Partners LLC now owns 72,075 shares of the business services provider's stock worth $1,312,000 after buying an additional 10,000 shares during the last quarter. 46.57% of the stock is currently owned by 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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