Analyst Rating Update on Tetra Technologies (TTI)

Tetra Technologies (NYSE:TTI) : Zacks Investment Research ranks Tetra Technologies (NYSE:TTI) as 3, which is a Hold recommendation. 5 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 2 other analysts are mildly bullish on the stock and favor a Buy. A total of 1 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 8 research analysts is 1.5, which indicates as a Strong Buy.

Tetra Technologies (NYSE:TTI) has been rated by 8 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $12 and the lowest price target forecast is $6. The average forecast of all the analysts is $8.06 and the expected standard deviation is $1.82.

For the current week, the company shares have a recommendation consensus of Buy.

Tetra Technologies (NYSE:TTI): stock turned positive on Tuesday. Though the stock opened at $5.67, the bulls momentum made the stock top out at $5.9 level for the day. The stock recorded a low of $5.64 and closed the trading day at $5.87, in the green by 5.96%. The total traded volume for the day was 697,023. The stock had closed at $5.54 in the previous days trading.

In an insider trading activity, Evans Elisabeth K, officer (VP Human Resources) of Tetra Technologies Inc, unloaded 16,205 shares at an average price of $6.02 on June 23, 2016. The total amount of the transaction was worth $97,554, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

TETRA Technologies, Inc. is an oil and gas services company. The Company is focused on completion fluids and associated products and services, water management, frac flowback, production well testing, offshore rig cooling, compression services and equipment, and selected offshore services, including well plugging and abandonment, decommissioning and diving. The Company has a limited domestic oil and gas production business. It is composed of five segments organized into four divisions: Fluids, Production Testing, Compression and Offshore. The Companys Fluids division manufactures and markets clear brine fluids, additives, and associated products and services. The Production Testing division provides frac flowback, production well testing, offshore rig cooling and other associated services. The Compression division is a provider of compression services and equipment. The Offshore division provides downhole and subsea services, decommissioning and certain construction services.

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