Team (NYSE:TISI) Stock Passes Above 200 Day Moving Average – Time to Sell?

Team, Inc. (NYSE:TISI) shares crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $15.41 and traded as high as $17.02. Team shares last traded at $17.00, with a volume of 5,925 shares.

Wall Street Analyst Weigh In

Separately, StockNews.com raised shares of Team from a “buy” rating to a “strong-buy” rating in a report on Friday, January 24th.

Team Trading Up 1.2 %

The company has a market cap of $76.25 million, a price-to-earnings ratio of -1.38 and a beta of 1.83. The company’s fifty day moving average price is $15.67 and its two-hundred day moving average price is $15.41. The company has a quick ratio of 1.57, a current ratio of 1.80 and a debt-to-equity ratio of 17.55.

Team (NYSE:TISI) last posted its quarterly earnings data on Monday, November 11th. The business services provider reported ($2.84) earnings per share for the quarter. The firm had revenue of $210.76 million for the quarter. Team had a negative return on equity of 152.34% and a negative net margin of 6.35%.

Institutional Trading of Team

A number of institutional investors have recently bought and sold shares of the business. Renaissance Technologies LLC bought a new position in shares of Team during the second quarter worth $118,000. Barclays PLC boosted its position in shares of Team by 7.3% during the third quarter. Barclays PLC now owns 274,706 shares of the business services provider’s stock worth $4,189,000 after purchasing an additional 18,733 shares in the last quarter. Finally, Geode Capital Management LLC boosted its position in shares of Team by 10.3% during the third quarter. Geode Capital Management LLC now owns 42,438 shares of the business services provider’s stock worth $647,000 after purchasing an additional 3,973 shares in the last quarter. Institutional investors and hedge funds own 46.57% of the company’s stock.

About Team

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.