Team (NYSE:TISI) Share Price Crosses Above 200-Day Moving Average - Should You Sell?

Team, Inc. (NYSE:TISI - Get Free Report) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $15.85 and traded as high as $18.23. Team shares last traded at $17.75, with a volume of 6,228 shares traded.

Wall Street Analyst Weigh In

Separately, StockNews.com cut shares of Team from a "strong-buy" rating to a "buy" rating in a research note on Friday.

Team Stock Down 7.9 %

The firm has a market capitalization of $77.45 million, a PE ratio of -1.40 and a beta of 1.85. The stock has a 50-day simple moving average of $15.88 and a 200-day simple moving average of $15.98. The company has a quick ratio of 1.57, a current ratio of 1.80 and a debt-to-equity ratio of 17.55.

Institutional Investors Weigh In On Team

Several institutional investors have recently added to or reduced their stakes in TISI. JPMorgan Chase & Co. raised its position in shares of Team by 11,511.8% in the fourth quarter. JPMorgan Chase & Co. now owns 1,974 shares of the business services provider's stock valued at $25,000 after purchasing an additional 1,957 shares during the period. Dimensional Fund Advisors LP purchased a new position in Team in the 4th quarter valued at approximately $140,000. Northern Trust Corp grew its stake in Team by 52.6% in the 4th quarter. Northern Trust Corp now owns 35,966 shares of the business services provider's stock valued at $456,000 after buying an additional 12,400 shares in the last quarter. Geode Capital Management LLC raised its holdings in Team by 4.8% during the 4th quarter. Geode Capital Management LLC now owns 44,471 shares of the business services provider's stock valued at $564,000 after acquiring an additional 2,033 shares during the period. Finally, Manatuck Hill Partners LLC boosted its holdings in shares of Team by 23.0% in the fourth quarter. Manatuck Hill Partners LLC now owns 62,075 shares of the business services provider's stock worth $787,000 after acquiring an additional 11,625 shares during the period. 46.57% of the stock is owned by hedge funds and other institutional investors.

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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.