Tetra Technologies (NYSE:TTI) Stock Crosses Above Fifty Day Moving Average – What’s Next?

Tetra Technologies, Inc. (NYSE:TTI) shares passed above its fifty day moving average during trading on Wednesday. The stock has a fifty day moving average of $6.10 and traded as high as $6.19. Tetra Technologies shares last traded at $6.1120, with a volume of 4,781,190 shares trading hands.

Tetra Technologies News Summary

Here are the key news stories impacting Tetra Technologies this week:

• Positive Sentiment: TTI reported third-quarter earnings of $0.06 per share, above the $0.05 consensus, and revenue of $167.95 million versus expectations of $156.84 million. Coverage also pointed to international expansion and chemical-segment growth as drivers of the quarter. TTI Q3 deep dive: international expansion and chemical segment growth drive results TETRA Technologies reports third-quarter results
• Positive Sentiment: The company projects Arkansas bromine production of 37 million pounds in 2028, increasing to 75 million pounds by 2030. The planned ramp offers a potential longer-term growth catalyst, though delivery depends on execution. TETRA projects Arkansas bromine output growth
• Negative Sentiment: Northland Securities lowered its FY2026 EPS estimate to $0.21 from $0.22, below the broader consensus estimate of $0.24, signaling some concern about the earnings outlook. Northland Securities cuts Tetra Technologies earnings estimate

Wall Street Analyst Weigh In

TTI has been the topic of a number of recent analyst reports. Clear Str raised shares of Tetra Technologies from a “hold” rating to a “strong-buy” rating in a report on Tuesday, October 6th. Stifel Nicolaus dropped their target price on Tetra Technologies from $13.00 to $12.00 and set a “buy” rating on the stock in a research report on Wednesday, September 23rd. Northland Securities set a $10.00 target price on Tetra Technologies in a research report on Tuesday, September 1st. Finally, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Tetra Technologies in a report on Monday. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus target price of $11.17.

Tetra Technologies Stock Performance

The company has a market cap of $907.20 million, a PE ratio of 101.87 and a beta of 1.29. The firm’s fifty day moving average is $6.10 and its 200 day moving average is $8.67. The company has a current ratio of 2.43, a quick ratio of 1.76 and a debt-to-equity ratio of 0.44.

Tetra Technologies (NYSE:TTI) last posted its quarterly earnings data on Monday, November 2nd. The oil and gas company reported $0.06 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.05 by $0.01. Tetra Technologies had a net margin of 1.36% and a return on equity of 9.31%. The business had revenue of $167.95 million for the quarter, compared to the consensus estimate of $156.84 million. As a group, research analysts predict that Tetra Technologies, Inc. will post 0.24 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, Director Angela John acquired 10,000 shares of the stock in a transaction that occurred on Wednesday, September 2nd. The shares were bought at an average cost of $6.50 per share, for a total transaction of $65,000.00. Following the acquisition, the director owned 97,434 shares in the company, valued at approximately $633,321. This represents a 11.44% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 6.27% of the company’s stock.

Institutional Trading of Tetra Technologies

A number of institutional investors have recently made changes to their positions in TTI. BlackRock Inc. purchased a new position in Tetra Technologies in the 2nd quarter valued at $138,491,000. Bank of America Corp DE purchased a new stake in shares of Tetra Technologies during the second quarter worth $20,103,000. Rice Hall James & Associates LLC acquired a new stake in shares of Tetra Technologies in the second quarter valued at about $12,099,000. Heartland Advisors Inc. acquired a new stake in shares of Tetra Technologies in the second quarter valued at about $11,331,000. Finally, Wellington Management Group LLP raised its position in shares of Tetra Technologies by 60.2% in the second quarter. Wellington Management Group LLP now owns 2,343,491 shares of the oil and gas company’s stock valued at $26,552,000 after buying an additional 880,413 shares during the last quarter. 70.19% of the stock is owned by institutional investors and hedge funds.

Tetra Technologies Company Profile

TETRA Technologies, Inc is an energy services and products company that supports oil and gas exploration and production activities. The company provides specialized fluids, water management solutions and related services used in drilling, well completion, production and industrial applications.

TETRA’s Completion Fluids & Products business supplies clear brine fluids, including calcium bromide and other bromide-based products, as well as associated completion-fluid services. These fluids are used to control pressure and protect well formations during completion and workover operations.