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

Team, Inc. (NYSE:TISI - Get Free Report) shares crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $16.84 and traded as high as $17.75. Team shares last traded at $16.88, with a volume of 15,312 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded Team from a "buy" rating to a "strong-buy" rating in a report on Monday, March 24th.

Team Stock Up 4.7 %

The company has a market capitalization of $85.37 million, a PE ratio of -1.55 and a beta of 1.91. The stock's fifty day moving average is $16.54 and its two-hundred day moving average is $16.88. The company has a current ratio of 1.80, a quick ratio of 1.57 and a debt-to-equity ratio of 17.55.

Team (NYSE:TISI - Get Free Report) last released its earnings results on Wednesday, March 19th. The business services provider reported ($0.82) earnings per share for the quarter. The company had revenue of $213.30 million for the quarter. Team had a negative net margin of 6.35% and a negative return on equity of 152.34%.

Institutional Trading of Team

Several hedge funds have recently made changes to their positions in TISI. JPMorgan Chase & Co. grew its stake in shares of Team by 11,511.8% during the 4th quarter. JPMorgan Chase & Co. now owns 1,974 shares of the business services provider's stock worth $25,000 after acquiring an additional 1,957 shares during the period. Dimensional Fund Advisors LP bought a new position in Team during the fourth quarter worth about $140,000. Northern Trust Corp increased its stake in shares of Team by 52.6% in the fourth quarter. Northern Trust Corp now owns 35,966 shares of the business services provider's stock worth $456,000 after purchasing an additional 12,400 shares in the last quarter. Geode Capital Management LLC increased its stake in shares of Team by 10.3% in the third 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 in the last quarter. Finally, Manatuck Hill Partners LLC raised its position 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 valued at $787,000 after purchasing an additional 11,625 shares during the period. 46.57% of the stock is currently owned by institutional investors.

About Team

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.