StockNews.com started coverage on shares of Team (NYSE:TISI – Free Report) in a research note released on Monday morning. The firm issued a buy rating on the business services provider’s stock.
Team Price Performance
Shares of Team stock opened at $6.68 on Monday. The company has a debt-to-equity ratio of 6.72, a current ratio of 1.84 and a quick ratio of 1.62. The business has a 50 day simple moving average of $6.83 and a two-hundred day simple moving average of $6.85. The stock has a market capitalization of $29.53 million, a P/E ratio of -0.39 and a beta of 1.79. Team has a 12 month low of $3.53 and a 12 month high of $11.25.
Team (NYSE:TISI – Get Free Report) last announced its quarterly earnings data on Thursday, March 7th. The business services provider reported ($3.18) earnings per share for the quarter. The firm had revenue of $214.13 million during the quarter. Team had a negative net margin of 8.78% and a negative return on equity of 79.77%.
Insiders Place Their Bets
Institutional Trading of Team
An institutional investor recently raised its position in Team stock. Barclays PLC raised its holdings in shares of Team, Inc. (NYSE:TISI – Free Report) by 16.6% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 215,000 shares of the business services provider’s stock after acquiring an additional 30,591 shares during the quarter. Barclays PLC owned approximately 4.92% of Team worth $1,494,000 as of its most recent filing with the SEC. 46.57% of the stock is owned by institutional investors.
Team Company Profile
Team, Inc, together with its subsidiaries, provides a suite of conventional, specialized, and proprietary mechanical, heat-treating, and inspection services in the United States, Canada, Europe, and internationally. It operates through Inspection and Heat Treating (IHT) and Mechanical Services (MS) segments.
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