With 0.73 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.08 million shares. The 52-week range on TTI shows that it touched its highest point at $5.12 and its lowest point at $2.68 during that stretch. It currently has a 1-year price target of $6.67. Beta for the stock currently stands at 1.55.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of TTI was down-trending over the past week, with a drop of -9.64%, but this was down by -23.19% over a month. Three-month performance dropped to -12.30% while six-month performance rose 15.09%. The stock lost -16.33% in the past year, while it has lost -8.38% so far this year. A look at the trailing 12-month EPS for TTI yields 0.82 with Next year EPS estimates of 0.47. For the next quarter, that number is 0.07. This implies an EPS growth rate of 91.76% for this year and 44.17% for next year.
Float and Shares Shorts:
At present, 131.81 million TTI shares are outstanding with a float of 125.08 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for TTI since 2 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.17942 being high and $0.17013 being low. For TTI, this leads to a yearly average estimate of $0.175. Based on analyst estimates, the high estimate for the next quarter is $0.14 and the low estimate is $0.11. The average estimate for the next quarter is thus $0.13.
