StockNews.com upgraded shares of Team (NYSE:TISI - Free Report) from a buy rating to a strong-buy rating in a research note issued to investors on Saturday morning.
Team Stock Performance
Shares of TISI stock traded down $0.28 during trading hours on Friday, hitting $16.46. The stock had a trading volume of 8,982 shares, compared to its average volume of 10,622. The company has a debt-to-equity ratio of 17.55, a current ratio of 1.80 and a quick ratio of 1.57. The firm has a market capitalization of $73.91 million, a PE ratio of -1.34 and a beta of 1.85. The stock's 50 day moving average is $16.18 and its 200 day moving average is $16.40. Team has a twelve month low of $5.05 and a twelve month high of $26.77.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently bought and sold shares of the business. JPMorgan Chase & Co. boosted its holdings in Team by 11,511.8% during the fourth quarter. JPMorgan Chase & Co. now owns 1,974 shares of the business services provider's stock worth $25,000 after buying an additional 1,957 shares in the last quarter. Dimensional Fund Advisors LP acquired a new stake in shares of Team during the 4th quarter valued at approximately $140,000. Northern Trust Corp boosted its stake in shares of Team by 52.6% during the 4th 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. Geode Capital Management LLC grew its holdings in shares of Team by 4.8% in the 4th quarter. Geode Capital Management LLC now owns 44,471 shares of the business services provider's stock worth $564,000 after acquiring an additional 2,033 shares during the period. Finally, Manatuck Hill Partners LLC grew its holdings in shares of Team by 23.0% in the 4th 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. Institutional investors and hedge funds own 46.57% of the company's stock.
Team Company Profile
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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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