Stock price performance of Tenaris S.A. is analyzed for various periods using several stock trading signals. In this case, The stock price has rallied 13.69% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 20.76% . Looking at the past 52 week period, the stock price is up at 64.9% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Tenaris S.A. has a positive value of 44.23 compared to overall market. Company shares have received an average consensus rating of Hold for the current week The stock has recorded a 20-day Moving Average of 0.9% and the 50-Day Moving Average is 5.91%.The 200 Day SMA reached 25.21%
Tenaris S.A. is having a Relative Strength Index of 45.53 which indicates the stock is not yet over sold or over bought based on the technical indicators. Tenaris S.A. (NYSE:TS) has tumbled 3.17% during the past week and has dropped 2.63% in the last 4 week period. The stocks are negative as compared to the S&P 500 for the past week with a loss of 3.28%. Tenaris S.A. (NYSE:TS) has underperformed the index by 3.5% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
Tenaris SA (ADR) Last issued its quarterly earnings results on Nov 3, 2016. The company reported $0.03 EPS for the quarter, beating the analyst consensus estimate by $ 0.04. Analyst had a consensus of $-0.01. The company had revenue of $1048.53 million for the quarter, compared to analysts expectations of $1033.19 million. The companys revenue was down -32.8 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $-0.30 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Tenaris SA (ADR) was Upgraded by JP Morgan to Neutral on Jan 19, 2017. Tenaris SA (ADR) was Upgraded by Morgan Stanley to Overweight on Nov 14, 2016.
Tenaris S.A. (NYSE:TS) : On Friday heightened volatility was witnessed in Tenaris S.A. (NYSE:TS) which led to swings in the share price. The stock opened for trading at $35.15 and hit $35.33 on the upside , eventually ending the session at $35.14, with a gain of 0.51% or 0.18 points. The heightened volatility saw the trading volume jump to 2,164,934 shares. The 52-week high of the share price is $37.21 and the company has a market cap of $20,742 million. The 52-week low of the share price is at $19.03 .
Tenaris Sa, a corporation organized in Luxembourg, is a leading manufacturer and supplier of seamless steel pipe products and associated services to the oil and gas, energy and other industries. Tenariss operating subsidiaries include eight established steel pipe manufacturers: AlgomaTubes, Confab, Dalmine, NKKTubes, Siat, Siderca, Tamsa and Tavsa.