Home Sectors Energy Recent Trend: Tesco Corporation (NASDAQ: TESO)

Recent Trend: Tesco Corporation (NASDAQ: TESO)

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Tesco Corporation trades as part of the energy sector and is part of the oil and gas services industry. The company CEO is Fernando R. Assing. Tesco Corp is engaged in designing, manufacturing and service delivery of technology based solutions for the upstream energy industry. Its products and service offerings consist of equipment sales and services to drilling contractors.

Previous Intraday Trading Performance:

The TESO stock showed a previous change of 0.00% with an open at 3.90 and a close of 3.70. It reached an intraday high of 3.95 and a low of 3.70.

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Liquidity:

The stock has a market cap of $173.0m with 46.8m shares outstanding, of which the float is 45.7m shares. Trading volume reached 0 shares compared to its average volume of 1,120,665 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, Tesco Corporation shares returned -9.20% and in the past 30 trading days it returned 0.00%. Over three months, it changed -19.57%. In one year it has changed -58.19% and within that year its 52-week high was 9.65 and its 52-week low was 3.60. TESO stock is 2.78% above its 52 Week Low.

Our calculations show a 200 day moving average of 5.20 and a 50 day moving average of 4.26. Currently TESO stock is trading -28.88% below its 200 day moving average and may not be a good opportunity to buy as it may continue to trend down.

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Earnings:

The last annual fiscal EPS for the company was reported at -2.73 that ended on 31st of December 2016. Based on 5 analyst estimates, the consensus EPS for the next quarter is -0.21. The TTM EPS is -1.01.

Below was the last reported quarterly diluted earnings per share:

3rdQtr of 2017 (Reported on 11/07/2017): -0.28
2ndQtr of 2017 (Reported on 08/08/2017): -0.26
1stQtr of 2017 (Reported on 05/09/2017): -0.29
4thQtr of 2016 (Reported on 02/28/2017): -0.40
3rdQtr of 2016 (Reported on 11/04/2016): -0.48

Indicators to Watch:

Based on the latest filings, there is 68.90% of institutional ownership. Short-interest was 2,737,335, which was 5.85% of shares outstanding. The short-interest ratio or days-to-cover ratio was 3.95. This stock has a moderate level of short interest, but may still be a buying opportunity depending on other indicators.

The current calculated beta is 1.19.

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Fundamental Indicators:

Based on last reported financials, the company’s return on assets is -17.07%, profit margin is -43.55%, price-to-sales is 1.21 and price-to-book is 0.69.

Company Scores:

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