TTI Stock Summary and Trading Ideas (Tetra Technologies | NYSE:TTI)

Tetra Technologies Inc is a diversified oil and gas services company, focused on completion fluids and associated products and services, water management, frac flowback, production well testing, offshore rig cooling, and compression services. It has two reporting segments namely Completion Fluids & Products, and Water & Flowback Services. The Completion Fluids & Products Division manufactures and markets clear brine fluids, additives, and associated products and services. The Water & Flowback Services Division provides onshore oil and gas operators with comprehensive water management services. The company derives maximum revenue from United states.

Tetra Technologies trades on the NYSE stock market under the symbol TTI.

As of April 16, 2024, TTI stock price declined to $4.43 with 1,085,698 million shares trading.

TTI has a beta of -0.14, meaning it tends to be less sensitive to market movements. TTI has a correlation of 0.00 to the broad based SPY ETF.

TTI has a market cap of $569.97 million. This is considered a Small Cap stock.

Last quarter Tetra Technologies reported $153 million in Revenue and $.03 earnings per share. This beat revenue expectation by $3 million and missed earnings estimates by -$.05.

In the last 3 years, TTI stock traded as high as $6.77 and as low as $2.32.

The top ETF exchange traded funds that TTI belongs to (by Net Assets): VTI, IWM, VXF, IWO, XES.

TTI has outperformed the market in the last year with a price return of +39.7% while the SPY ETF gained +23.7%. TTI has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +8.3% and -1.8%, respectively, while the SPY returned +6.0% and -3.6%, respectively.

TTI support price is $4.32 and resistance is $4.60 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that TTI stock will trade within this expected range on the day.