Large Outflow of Money Witnessed in Tetra Technologies, Inc.

Tetra Technologies, Inc. (TTI) had an volatile session and gained 0.02 points till last call. The price was at $4.98, gaining 0.3% till the last intraday data. The total uptick value was $0.97 million while the total downtick value was $2.51 million. The shares saw a net money flow of $(-1.54) million and the up/down ratio stood at 0.38. The stock has seen a change of of 1.53% for the week. The share had a block transaction during the course of trading in which the net money flow was $(-1.62) million. Almost $0.36 million were received in upticks and approximately $1.98 million were lost in downticks, thereby giving the up/down ratio of 0.18.Block trades are executed by Investment Banking firms or Wealth Managers shifting positions or Day traders taking advantage of trading signals.

Shares of TETRA Technologies, Inc. appreciated by 2.27% during the last five trading days but lost 1.2% on a 4-week basis. TETRA Technologies, Inc. has dropped 7.39% during the last 3-month period . Year-to-Date the stock performance stands at -1.2%. Wednesdays trading session turned out to be a no-profit no-loss event for Tetra Technologies, Inc. (NYSE:TTI). The opening trade occurred at $5 and the highest and the lowest points of the day were $5.08 and $4.84 respectively. The final trade was registered at $4.96 and the volume by the end of the day had touched 2,991,995 shares. The 52-week high of the stock is $7.75 and the 52-week low is $4.29. According to the current valuation, the market cap of the company is $570 million and the total number of shares available in public circulation is 114,995,274.

Company has reported several Insider transactions to the SEC, on Dec 6, 2016, Peter J Pintar (SR VP) sold 50,000 shares at 5.88 per share price.On Nov 22, 2016, Elisabeth K Evans (VP of Human Resources) sold 14,012 shares at 5.42 per share price.On Aug 30, 2016, Keith L Schilling (Sr. VP) sold 24,341 shares at 6.36 per share price.

TETRA Technologies Last issued its quarterly earnings results on Nov 7, 2016. The company reported $-0.05 EPS for the quarter. Analyst had a consensus estimate of $-0.05. The company had revenue of $176.60 million for the quarter, compared to analysts expectations of $203.16 million. The companys revenue was down -42.1 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.17 EPS.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.TETRA Technologies was Initiated by BofA/Merrill to Buy on Dec 22, 2016. TETRA Technologies was Downgraded by RBC Capital Mkts on Dec 16, 2016 to Sector Perform, Lowers Price Target to $ 5 from a previous price target of $6 .TETRA Technologies was Upgraded by Scotia Howard Weil on Nov 16, 2016 to Sector Outperform, Price Target of the shares are set at $8.TETRA Technologies was Downgraded by Credit Suisse to Neutral on Nov 8, 2016.

TETRA Technologies, Inc. is an energy services company with an integrated chemicals operation that supplies chemical products to energy markets, as well as other markets. TETRA is comprised of three divisions – Fluids, Well Abandonment/Decommissioning and Testing & Services.


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