Tetra Technologies, Inc. with ticker code (TTI) have now 4 market analysts covering the stock. The analyst consensus now points to a rating of ‘Buy’. The range between the high target price and low target price is between 8 and 6 calculating the mean target price we have $7.00. Now with the previous closing price of $3.13 this indicates there is a potential upside of 123.6%. It’s also worth noting that there is a 50 day moving average of $3.27 and the 200 moving average now moves to $3.74. The market cap for the company is $410m. Find out more information at: https://www.tetratec.com
The potential market cap would be $917m based on the market consensus.
TETRA Technologies, Inc., 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 52.83, revenue per share of 4.32 and a 3.24% return on assets.
