Tetra Technologies (TTI) Shares are Up 9.11%

Tetra Technologies (TTI) has been under a strong bear grip, hence the stock is down -1.24% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 8.93% in the past 1 week. The stock has risen by 9.11% in the past week indicating that the buyers are active at lower levels, but the stock is down -1.77% in the past 4 weeks.

The stock has recorded a 20-day Moving Average of 4.14% and the 50-Day Moving Average is 1.08%.The 200 Day SMA reached 0.5%

Tetra

Tetra Technologies (NYSE:TTI): After opening at $6.18, the stock dipped to an intraday low of $5.96 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $6.18 and the buying power remained strong till the end. The stock closed at $6.11 for the day, a gain of 2.35% for the day session. The total traded volume was 890,955. The stocks close on the previous trading day was $6.11.

Tetra Technologies (TTI) has been rated by 8 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $10 and the lowest price target forecast is $6. The average forecast of all the analysts is $7.95 and the expected standard deviation is $1.2.

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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