Tetra Technologies (TTI) Receives News Sentiment Rating of 0.20

News headlines about Tetra Technologies (NYSE:TTI) have trended somewhat positive on Monday, Accern Sentiment reports. The research group rates the sentiment of media coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Tetra Technologies earned a media sentiment score of 0.20 on Accern’s scale. Accern also gave news stories about the oil and gas company an impact score of 45.9745732974937 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.

These are some of the news stories that may have impacted Accern’s rankings:

Tetra Technologies (NYSE:TTI) traded up $0.07 during mid-day trading on Monday, hitting $3.64. 1,865,000 shares of the company traded hands, compared to its average volume of 1,288,287. The company has a quick ratio of 1.38, a current ratio of 2.24 and a debt-to-equity ratio of 1.63. Tetra Technologies has a twelve month low of $1.85 and a twelve month high of $5.98.

Tetra Technologies (NYSE:TTI) last posted its quarterly earnings results on Thursday, November 9th. The oil and gas company reported $0.04 EPS for the quarter, topping the consensus estimate of ($0.02) by $0.06. The business had revenue of $216.36 million during the quarter, compared to analysts’ expectations of $218.65 million. Tetra Technologies had a negative net margin of 5.47% and a negative return on equity of 6.89%. The firm’s quarterly revenue was up 22.5% compared to the same quarter last year. During the same period last year, the company posted ($0.05) earnings per share. analysts anticipate that Tetra Technologies will post -0.22 earnings per share for the current year.

Several brokerages have commented on TTI. Zacks Investment Research upgraded shares of Tetra Technologies from a “sell” rating to a “hold” rating in a report on Wednesday, November 1st. Royal Bank Of Canada reiterated a “hold” rating and issued a $3.25 target price on shares of Tetra Technologies in a report on Thursday, July 20th. Loop Capital raised their target price on shares of Tetra Technologies from $5.00 to $6.00 and gave the stock a “buy” rating in a report on Friday. BidaskClub cut shares of Tetra Technologies from a “sell” rating to a “strong sell” rating in a report on Thursday, July 27th. Finally, Wells Fargo & Company raised their target price on shares of Tetra Technologies from $3.50 to $5.00 and gave the stock an “outperform” rating in a report on Friday. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the stock. The company currently has an average rating of “Buy” and a consensus price target of $5.09.

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Tetra Technologies Company Profile

TETRA Technologies, Inc is an oil and gas services company. The Company focuses on completion fluids and associated products and services, water management, production well testing, offshore rig cooling, compression services and equipment, and offshore services, such as decommissioning and diving. It is composed of five segments organized into four divisions: Fluids, Production Testing, Compression and Offshore.

Insider Buying and Selling by Quarter for Tetra Technologies (NYSE:TTI)

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