The time has not yet come to remove your chips from the table: Tetra Technologies, Inc (TTI)

With 0.94 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.34 million shares. The 52-week range on TTI shows that it touched its highest point at $5.12 and its lowest point at $2.03 during that stretch. It currently has a 1-year price target of $5.90. Beta for the stock currently stands at 1.43.

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 up-trending over the past week, with a rise of 7.61%, but this was up by 26.92% over a month. Three-month performance dropped to -30.12% while six-month performance fell -15.14%. The stock lost -23.65% in the past year, while it has lost -17.04% so far this year. A look at the trailing 12-month EPS for TTI yields 0.84 with Next year EPS estimates of 0.37. For the next quarter, that number is 0.09. This implies an EPS growth rate of 50.59% for this year and 45.31% for next year.

Float and Shares Shorts:

At present, 136.21 million TTI shares are outstanding with a float of 125.31 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 $0.17873 being high and $0.16967 being low. For TTI, this leads to a yearly average estimate of $0.175.