Alert: Negative Investment/Fundamental Signals (11/6/23)-TETRA Technologies Inc. (NYSE: TTI)


TETRA Technologies Inc. (NYSE: TTI). Notable negative changes in fundamentals have recently occurred: the consensus estimate for December, 2023 decreased significantly, significant quarterly earnings deceleration occurred, and the consensus estimate for December, 2024 decreased significantly.

TETRA Technologies Inc. (NYSE: TTI). Extremely important negative changes in investment behavior have recently occurred: negative upside/downside volume developed, and its shorter term price trend turned down.

In light of these highly negative signals we are reviewing our current Overall Rating of A. We would view the shares with caution pending completion of this review in the next several days.


Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to exceed the cost of capital, TTI is expected to continue to be a major Value Builder.

TETRA Technologies has a current Value Trend Rating of A (Highest Rating). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. TETRA Technologies has a neutral Appreciation Score of 50 but a very high Power Rating of 100, with the Highest Value Trend Rating the result.

Recent Price Action

TETRA Technologies Inc. (NYSE: TTI) stock suffered a large decline of -2.6% on 11/6/23. The stock closed at $4.44. The stock has been exceptionally strong relative to the market over the last nine months but has declined -20.0% during the last week.

Be the first to comment

Leave a Reply

Your email address will not be published.