Team (NYSE:TISI) Lowered to Buy Rating by StockNews.com

StockNews.com cut shares of Team (NYSE:TISI) from a strong-buy rating to a buy rating in a report published on Monday morning.

Team Trading Down 0.6 %

Shares of TISI stock opened at $14.02 on Monday. The company has a market capitalization of $62.88 million, a PE ratio of -1.14 and a beta of 1.78. Team has a 52-week low of $5.05 and a 52-week high of $26.77. The business’s fifty day moving average is $16.71 and its 200 day moving average is $14.25. The company has a debt-to-equity ratio of 17.55, a quick ratio of 1.57 and a current ratio of 1.80.

Institutional Trading of Team

A number of large investors have recently modified their holdings of the business. Geode Capital Management LLC raised its stake in Team by 10.3% in the third quarter. Geode Capital Management LLC now owns 42,438 shares of the business services provider’s stock valued at $647,000 after purchasing an additional 3,973 shares in the last quarter. Renaissance Technologies LLC bought a new position in shares of Team in the 2nd quarter worth $118,000. Finally, Barclays PLC increased its holdings in shares of Team by 7.3% in the 3rd quarter. Barclays PLC now owns 274,706 shares of the business services provider’s stock worth $4,189,000 after buying an additional 18,733 shares during the last quarter. Institutional investors own 46.57% of the company’s stock.

Team Company Profile

Team, Inc, together with its subsidiaries, provides a suite of conventional, specialized, and proprietary mechanical, heat-treating, and inspection services in the United States, Canada, Europe, and internationally. It operates through Inspection and Heat Treating (IHT) and Mechanical Services (MS) segments.