Team, Inc. (NYSE:TISI - Get Free Report) passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $16.98 and traded as high as $19.69. Team shares last traded at $18.34, with a volume of 161,582 shares trading hands.
Analyst Ratings Changes
Separately, StockNews.com raised shares of Team from a "buy" rating to a "strong-buy" rating in a research report on Monday, March 24th.
Get Our Latest Report on TISI
Team Stock Up 3.9 %
The stock's 50-day moving average price is $16.93 and its two-hundred day moving average price is $17.14. The company has a current ratio of 1.80, a quick ratio of 1.57 and a debt-to-equity ratio of 17.55. The stock has a market capitalization of $96.85 million, a P/E ratio of -1.75 and a beta of 1.60.
Team (NYSE:TISI - Get Free Report) last announced its quarterly earnings data on Wednesday, March 19th. The business services provider reported ($0.82) earnings per share for the quarter. Team had a negative net margin of 6.35% and a negative return on equity of 152.34%. The firm had revenue of $213.30 million for the quarter.
Institutional Investors Weigh In On Team
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Barclays PLC increased its stake in shares of Team by 7.3% in the third quarter. Barclays PLC now owns 274,706 shares of the business services provider's stock worth $4,189,000 after purchasing an additional 18,733 shares in the last quarter. Geode Capital Management LLC boosted its holdings in Team by 10.3% in the 3rd quarter. Geode Capital Management LLC now owns 42,438 shares of the business services provider's stock worth $647,000 after buying an additional 3,973 shares during the period. JPMorgan Chase & Co. grew its stake in Team by 11,511.8% in the 4th quarter. JPMorgan Chase & Co. now owns 1,974 shares of the business services provider's stock valued at $25,000 after buying an additional 1,957 shares in the last quarter. Dimensional Fund Advisors LP bought a new stake in Team during the 4th quarter valued at $140,000. Finally, Northern Trust Corp lifted its position 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 acquiring an additional 12,400 shares in the last quarter. 46.57% of the stock is currently owned by institutional investors.
About Team
(
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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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