Is Tetra Technologies Inc (NYSE:TTI) a Buy? The Stock Reported more Sellers

Investors sentiment decreased to 0.98 in Q4 2018. Its down 0.14, from 1.12 in 2018Q3. It dived, as 24 investors sold TETRA Technologies, Inc. shares while 41 reduced holdings. 26 funds opened positions while 38 raised stakes. 100.87 million shares or 0.08% more from 100.78 million shares in 2018Q3 were reported.
Zeke Cap Advsr Limited Com holds 0.01% of its portfolio in TETRA Technologies, Inc. (NYSE:TTI) for 45,567 shares. Wells Fargo Mn holds 3.73 million shares or 0% of its portfolio. 39,039 are held by Mason Street Advisors Llc. Bancorporation Of Ny Mellon Corp has invested 0% in TETRA Technologies, Inc. (NYSE:TTI). Cubist Systematic Strategies Limited Liability Com reported 101,942 shares. The Illinois-based Citadel Advsrs Limited Liability has invested 0% in TETRA Technologies, Inc. (NYSE:TTI). Invesco invested in 0% or 623,783 shares. Jpmorgan Chase & stated it has 370,270 shares. The New York-based D E Shaw & Communication has invested 0% in TETRA Technologies, Inc. (NYSE:TTI). New Jersey-based Prudential Financial Inc has invested 0% in TETRA Technologies, Inc. (NYSE:TTI). Arosa Cap Limited Partnership reported 0.01% stake. Moreover, Royal Commercial Bank Of Canada has 0% invested in TETRA Technologies, Inc. (NYSE:TTI) for 119,620 shares. 10,526 were reported by Cibc Asset Mgmt. Ameritas Inv Prns stated it has 9,415 shares or 0% of all its holdings. State Board Of Administration Of Florida Retirement Systems has 75,282 shares.

Since December 26, 2018, it had 3 buys, and 0 sales for $482,764 activity. Brightman Stuart M bought $141,019 worth of TETRA Technologies, Inc. (NYSE:TTI) on Thursday, December 27. COOMBS PAUL D bought $207,495 worth of TETRA Technologies, Inc. (NYSE:TTI) on Thursday, December 27.

The stock of Tetra Technologies Inc (NYSE:TTI) registered an increase of 8.14% in short interest. TTI’s total short interest was 4.15M shares in April as published by FINRA. Its up 8.14% from 3.84M shares, reported previously. With 622,500 shares average volume, it will take short sellers 7 days to cover their TTI’s short positions.

The stock increased 0.51% or $0.0125 during the last trading session, reaching $2.4525. About 155,150 shares traded. TETRA Technologies, Inc. (NYSE:TTI) has declined 28.89% since April 17, 2018 and is downtrending. It has underperformed by 33.26% the S&P500.

TETRA Technologies, Inc., together with its subsidiaries, operates as a diversified gas and oil services company. The company has market cap of $308.10 million. It operates through four divisions: Fluids, Production Testing, Compression, and Offshore. It currently has negative earnings. The Fluids division makes and markets clear brine fluids, additives, and associated services and products to the gas and oil industry for use in well drilling, completion, and workover activities in the United States, as well as in Latin America, Europe, Asia, the Middle East, and Africa.

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TETRA Technologies, Inc. (NYSE:TTI) Ratings Coverage

Among 4 analysts covering Tetra Technologies (NYSE:TTI), 2 have Buy rating, 0 Sell and 2 Hold. Therefore 50% are positive. Tetra Technologies had 5 analyst reports since November 14, 2018 according to SRatingsIntel. The company was maintained on Thursday, February 28 by FBR Capital. The firm has “Outperform” rating given on Wednesday, November 14 by Credit Suisse. The rating was downgraded by Johnson Rice to “Hold” on Tuesday, February 19. The stock of TETRA Technologies, Inc. (NYSE:TTI) earned “Market Perform” rating by Raymond James on Thursday, December 13.

More notable recent TETRA Technologies, Inc. (NYSE:TTI) news were published by: Seekingalpha.com which released: “Tetra Technologies: Stock To Rise On Growth And Low Valuation – Seeking Alpha” on May 04, 2018, also Seekingalpha.com with their article: “Tetra Technologies: A Deep Dive Into A Stock With Significant Upside – Seeking Alpha” published on November 01, 2018, Fool.com published: “Tetra Technologies Inc (TTI) Q3 2018 Earnings Conference Call Transcript – Motley Fool” on November 08, 2018. More interesting news about TETRA Technologies, Inc. (NYSE:TTI) were released by: Seekingalpha.com and their article: “Tetra Technologies And Halliburton: Do Synergies Create An Upside? – Seeking Alpha” published on July 08, 2018 as well as Seekingalpha.com‘s news article titled: “TETRA Technologies Inc. (TTI) CEO Stuart Brightman on Q2 2018 Results – Earnings Call Transcript – Seeking Alpha” with publication date: August 10, 2018.

TETRA Technologies, Inc. (NYSE:TTI) Institutional Positions Chart