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 $13.82 and traded as high as $14.97. Team shares last traded at $14.54, with a volume of 20,408 shares.
Wall Street Analyst Weigh In
Separately, StockNews.com upgraded Team from a "buy" rating to a "strong-buy" rating in a research report on Wednesday, November 20th.
Check Out Our Latest Analysis on TISI
Team Stock Performance
The stock has a market capitalization of $65.71 million, a price-to-earnings ratio of -1.19 and a beta of 1.78. 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 firm's 50 day moving average is $17.89 and its 200-day moving average is $13.83.
Hedge Funds Weigh In On Team
A number of large investors have recently bought and sold shares of TISI. Barclays PLC raised its position in Team by 7.3% during the third quarter. Barclays PLC now owns 274,706 shares of the business services provider's stock worth $4,189,000 after acquiring an additional 18,733 shares during the period. Geode Capital Management LLC raised its position in shares of Team by 10.3% during the 3rd quarter. Geode Capital Management LLC now owns 42,438 shares of the business services provider's stock worth $647,000 after purchasing an additional 3,973 shares during the last quarter. Finally, Renaissance Technologies LLC purchased a new position in Team in the 2nd quarter valued at about $118,000. 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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