Alert: Major Price Advance (5/15/24)-Team Inc (NYSE: TISI).

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Team Inc (NYSE: TISI) stock closed at $7.80 on 5/15/24 after a major increase of 15.5%. Moreover, this advance was accompanied by unusually high trading volume at 176% of normal. The stock has risen 14.7% during the last week but has been weak relative to the market over the last nine months.

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Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to be in line with the cost of capital, TISI is expected to continue to be Value Creation neutral.

Team has a current Value Trend Rating of D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. Team has a slightly negative Appreciation Score of 39 and a slightly negative Power Rating of 31, resulting in the Negative Value Trend Rating.

Rating Review

In light of this very positive price change we are reviewing our current Overall Rating of D. This review will be completed in the next several days.

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