Alert: Major Price Advance (7/16/24)-Team Inc (NYSE: TISI).

out_logo_500#17284.jpg

On 7/16/24, Team Inc (NYSE: TISI) stock enjoyed a major increase of 10.1%, closing at $10.00. Moreover, exceptionally high trading volume at 255% of normal accompanied the advance. Relative to the market the stock has been strong over the last nine months and has risen 20.2% during the last week.

out_mm#17284.jpg

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 (Low Neutral). The Value Trend Rating reflects contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Team has a poor Appreciation Score of 28 but a slightly positive Power Rating of 63, producing the Low 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.

Be the first to comment

Leave a Reply

Your email address will not be published.


*