Tetra Technologies which can be found using ticker (TTI) have now 4 analysts in total covering the stock. The consensus rating is pointing to ‘Buy’. The target price High/Low ranges between 8 and 6 suggesting an average Analsyt target price of $7.00. Given that the stocks previous close was at $2.85 and the analysts are correct then there would likely be a percentage uptick in value of 145.6%. The 50 day moving average now sits at $3.06 and the 200 day MA is $3.69. The total market capitalization for the company now stands at $376m. Visit the company website at: https://www.tetratec.com
The potential market cap would be $925m based on the market consensus.
TETRA Technologies, together with its subsidiaries, operates as an energy services and solutions company. It operates through two segments, Completion Fluids & Products Division and Water & Flowback Services. The Completion Fluids & Products segment manufactures and markets clear brine fluids, additives, and associated products and services to the oil and gas industry for use in well drilling, completion, and workover operations in the United States, as well as in Latin America, Europe, Asia, the Middle East, and Africa. This segment also markets liquid and dry calcium chloride products; and TETRA PureFlow ultra-pure zinc bromide to battery technology companies. The Water & Flowback Services segment provides water management services for onshore oil and gas operators. This segment also offers frac flowback, production well testing, and other associated services in oil and gas producing regions in the United States and Mexico, as well as in various basins in Latin America, Africa, Europe, and the Middle East. The company was incorporated in 1981 and is headquartered in The Woodlands, Texas.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 48.5, revenue per share of 4.32 and a 3.24% return on assets.
