StockNews.com Initiates Coverage on Team, Inc. TISI with a Buy Rating

Analysts at StockNews.com have commenced coverage on Team, Inc. TISI, a company specializing in asset performance assurance and optimization solutions. The firm issued a 'buy' recommendation for TISI's stock in a recent report to investors. TISI, which is based in Sugar Land, Texas, started trading at $7.14 on the preceding Friday, marking the latest development in the company's stock performance.

Insights into Team's Financial Health

In terms of financial metrics, TISI has a market capitalization of around $31.17 million, with a notably low P/E ratio of 0.37 and a comparatively high beta of 1.89. The company's financial ratios, including a current ratio of 2.06 and a quick ratio of 1.82, reflect its liquidity position. However, its debt-to-equity ratio stands at a concerning 3.84. The stock's fifty day simple moving average is currently $8.18, while the two-hundred day simple moving average rests at $7.67, indicating recent trends in the stock's trading price. Over the past 12 months, TISI has seen lows and highs ranging from $3.53 to $11.25 respectively.

Team's last quarterly earnings report was released on August 10th, disclosing an EPS of ($2.55). This quarter's revenue was reported at $239.49 million. Notably, the company has a net margin of 10.98% and a negative return on equity of 68.18%, shedding light on its profitability and financial efficiency.

Institutional Investors’ Engagement with TISI

Institutional investor activity around TISI has been dynamic: Susquehanna International Group LLP, Wetherby Asset Management Inc., Cambridge Investment Research Advisors Inc., and Manatuck Hill Partners LLC have all established or increased their stakes in Team. A standout transaction comes from Virtu Financial LLC VIRT, which heightened its holdings in TISI by 83.4%, now owning 54,956 shares valued at approximately $121,000. Overall, institutional investors are currently holding 81.73% of Team's stock.

About Virtu Financial VIRT

VIRT, a significant institutional player in Team's stock, offers a range of financial services including data, analytics, connectivity products, and execution services globally. Based in New York, New York, Virtu Financial represents a vital example of modern financial innovation and connectivity impacting stock markets around the world.

Note: The 'buy' rating and coverage of Team, Inc. TISI by StockNews.com do not constitute investment advice, and individual investors should conduct their own research or consult with a financial advisor before making investment decisions.

Team, Coverage, Investment