Team, Inc. (NYSE:TISI - Get Free Report)'s share price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $15.04 and traded as high as $18.99. Team shares last traded at $17.81, with a volume of 7,739 shares changing hands.
Analyst Upgrades and Downgrades
Separately, StockNews.com raised shares of Team from a "buy" rating to a "strong-buy" rating in a research report on Friday.
Check Out Our Latest Stock Report on Team
Team Price Performance
The company has a 50-day moving average of $15.50 and a 200-day moving average of $15.04. The company has a debt-to-equity ratio of 17.55, a quick ratio of 1.57 and a current ratio of 1.80. The stock has a market cap of $77.23 million, a price-to-earnings ratio of -1.40 and a beta of 1.83.
Team (NYSE:TISI - Get Free Report) last released its quarterly earnings results on Monday, November 11th. The business services provider reported ($2.84) EPS for the quarter. Team had a negative return on equity of 152.34% and a negative net margin of 6.35%. The company had revenue of $210.76 million for the quarter.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently made changes to their positions in the company. Renaissance Technologies LLC purchased a new stake in Team in the 2nd quarter valued at approximately $118,000. Geode Capital Management LLC lifted its holdings in shares of Team by 10.3% in the 3rd quarter. Geode Capital Management LLC now owns 42,438 shares of the business services provider's stock valued at $647,000 after buying an additional 3,973 shares during the period. Finally, Barclays PLC boosted 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 valued at $4,189,000 after buying an additional 18,733 shares in the last quarter. 46.57% of the stock is currently owned by institutional investors and hedge funds.
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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