Alert: Major Price Advance (8/27/24)-Team Inc (NYSE: TISI).

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Team Inc (NYSE: TISI) stock closed at $13.31 on 8/27/24 after a major increase of 12.2%. Moreover, exceptionally high trading volume at 211% of normal accompanied the advance. The stock has been exceptionally strong relative to the market over the last nine months and has risen 38.5% during the last week.

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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 C (Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Team has a poor Appreciation Score of 21 but a very high Power Rating of 88, leading to the Neutral Value Trend Rating.

Rating Review

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

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