Tetra Technologies Inc (TTI) Files Form 4 Insider Selling : Joseph J Meyer Sells 11,246 Shares

Tetra Technologies Inc (TTI): Joseph J Meyer , VP Treasury of Tetra Technologies Inc sold 11,246 shares on May 31, 2016. The Insider selling transaction was reported by the company on Jun 1, 2016 to the Securities and Exchange Commission. The shares were sold at $5.43 per share for a total value of $60,848.86 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Mar 9, 2015, John F Glick (director) purchased 18,100 shares at $5.54 per share price.

TETRA Technologies: On Wednesday, Jun 1, 2016 heightened volatility was witnessed in TETRA Technologies which led to swings in the share price. The shares opened for trading at $5.57 and hit $5.9 on the upside , eventually ending the session at $5.87, with a gain of 7.31% or 0.4 points. The heightened volatility saw the trading volume jump to 12,76,200 shares. The 52-week high of the share price is $9.44 and the company has a market cap of $472 M . The 52-week low of the share price is at $4.62.

TETRA Technologies Money Flow Index Chart

Company has been under the radar of several Street Analysts.TETRA Technologies is Upgraded by Credit Suisse to Outperform. Earlier the firm had a rating of Neutral on the company shares. The Rating was issued on Jun 1, 2016.TETRA Technologies is Reiterated by Wunderlich to Buy while Lowering the Price Target of the company shares to $ 6 from a previous price target of $9 . The Rating was issued on May 10, 2016.TETRA Technologies is Upgraded by Johnson Rice to Buy. Earlier the firm had a rating of Accumulate on the company shares. The Rating was issued on May 10, 2016.TETRA Technologies is Reiterated by Cowen to Outperform while Lowering the Price Target of the company shares to $ 8 from a previous price target of $10 . The Rating was issued on May 10, 2016.TETRA Technologies is Reiterated by RBC Capital Mkts to Outperform while Lowering the Price Target of the company shares to $ 6 from a previous price target of $6.25 . The Rating was issued on May 10, 2016.

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 Company’s 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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