Home Sectors Energy Recent Performance: Tetra Technologies (NYSE: TTI)

Recent Performance: Tetra Technologies (NYSE: TTI)

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Tetra Technologies is in the oil and gas services industry and is in the energy sector. The company CEO is Brady M. Murphy. Tetra Technologies Inc is a geographically diversified oil and gas services company. It is engaged in completion of fluids and associated products and services, water management, frac flowback, production well testing, and offshore rig cooling.

Previous Intraday Trading Performance:

The TTI stock showed a previous change of 4.76% with an open at 1.52 and a close of 1.54. It reached an intraday high of 1.55 and a low of 1.47.

SeekingAlpha:  TETRA Technologies Inc. (TTI) CEO Brady Murphy on Q1 2019 Results – Earnings Call Transcript

Liquidity:

The stock has a market cap of $193.4m with 125.6m shares outstanding, of which the float is 117.9m shares. Trading volume reached 278,171 shares compared to its average volume of 527,494 shares. Based on the current average volume and close price, the trading liquidity is bad, highly speculative and an investor may want to avoid this stock.

Historical Trading Performance:

Over the last five trading days, Tetra Technologies shares returned 5.48% and in the past 30 trading days it returned -30.00%. Over three months, it changed -35.02%. In one year it has changed -64.92% and within that year its 52-week high was 5.11 and its 52-week low was 1.29. TTI stock is 19.38% above its 52 Week Low.

Our calculations show a 200 day moving average of 2.69 and a 50 day moving average of 2.09. Currently TTI stock is trading -42.79% below its 200 day moving average and may not be a good opportunity to buy as it may continue to trend down.

SeekingAlpha:  Tetra Technologies EPS in-line, misses on revenue

Earnings:

The last annual fiscal EPS for the company was reported at -0.53 that ended on 31st of December 2018. Based on 7 analyst estimates, the consensus EPS for the next quarter is -0.03. The TTM EPS is -0.06.

Below was the last reported quarterly diluted earnings per share:

1stQtr of 2019 (Reported on 05/09/2019): -0.09
4thQtr of 2018 (Reported on 02/28/2019): 0.04
3rdQtr of 2018 (Reported on 11/08/2018): -0.06
2ndQtr of 2018 (Reported on 08/09/2018): -0.05
1stQtr of 2018 (Reported on 05/08/2018): -0.46

Base on our calculations, the intrinsic value per share is 12.47, which means it is possibly undervalued and has a margin of safety of 87.65%.

Indicators to Watch:

Short-interest was 2,940,374, which was 2.34% of shares outstanding. The short-interest ratio or days-to-cover ratio was 5.63. This stock has some short interest, but it may be normal and no cause for concern if long the position.

The current calculated beta is 1.79.

PR Newswire:  TETRA Technologies, Inc. Announces First Quarter 2019 Results

Fundamental Indicators:

Based on last reported financials, the company’s return on equity is -11.22%, return on assets is -1.37%, profit margin is -4.00%, price-to-sales is 0.18 and price-to-book is 1.11.

Company Scores:

All scores are out of six:
 2  :Valuation Score
 0  :Past Performance Score
 1  :Financial Strength Score
 4  :Future Growth Score
 0  :Dividend Score
 1  :Overall Score

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John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.