Team (NYSE:TISI) Share Price Passes Above 200-Day Moving Average – Time to Sell?

Team, Inc. (NYSE:TISI) crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $13.82 and traded as high as $14.97. Team shares last traded at $14.54, with a volume of 20,408 shares trading hands.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised Team from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, November 20th.

Team Stock Up 1.8 %

The company’s 50-day simple moving average is $17.55 and its two-hundred day simple moving average is $13.88. The firm has a market capitalization of $66.92 million, a P/E ratio of -1.21 and a beta of 1.78. The company has a debt-to-equity ratio of 17.55, a current ratio of 1.80 and a quick ratio of 1.57.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Barclays PLC lifted its holdings in Team by 7.3% in the 3rd quarter. Barclays PLC now owns 274,706 shares of the business services provider’s stock worth $4,189,000 after purchasing an additional 18,733 shares in the last quarter. Renaissance Technologies LLC bought a new stake in shares of Team during the second quarter valued at approximately $118,000. Finally, Geode Capital Management LLC lifted its holdings in shares of Team by 10.3% in the third quarter. Geode Capital Management LLC now owns 42,438 shares of the business services provider’s stock worth $647,000 after buying an additional 3,973 shares in the last quarter. Hedge funds and other institutional investors own 46.57% of the company’s stock.

Team Company Profile

Team, Inc, together with its subsidiaries, provides a suite of conventional, specialized, and proprietary mechanical, heat-treating, and inspection services in the United States, Canada, Europe, and internationally. It operates through Inspection and Heat Treating (IHT) and Mechanical Services (MS) segments.