Team (NYSE:TISI) Stock Crosses Above 200-Day Moving Average – Time to Sell?

Team, Inc. (NYSE:TISI)’s stock price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $15.04 and traded as high as $18.99. Team shares last traded at $17.81, with a volume of 7,739 shares.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded shares of Team from a “buy” rating to a “strong-buy” rating in a research note on Friday.

Team Stock Down 5.8 %

The company has a debt-to-equity ratio of 17.55, a quick ratio of 1.57 and a current ratio of 1.80. The stock has a market capitalization of $77.23 million, a P/E ratio of -1.40 and a beta of 1.83. The company’s 50-day moving average price is $15.60 and its 200 day moving average price is $15.12.

Team (NYSE:TISI) last released its quarterly earnings data on Monday, November 11th. The business services provider reported ($2.84) earnings per share (EPS) for the quarter. Team had a negative net margin of 6.35% and a negative return on equity of 152.34%. The company had revenue of $210.76 million for the quarter.

Institutional Investors Weigh In On Team

Several institutional investors have recently made changes to their positions in TISI. Renaissance Technologies LLC bought a new position in shares of Team during the second quarter valued at approximately $118,000. Geode Capital Management LLC raised its stake in 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. Finally, Barclays PLC boosted its position in Team by 7.3% during the 3rd quarter. Barclays PLC now owns 274,706 shares of the business services provider’s stock valued at $4,189,000 after acquiring an additional 18,733 shares in the last quarter. Institutional investors own 46.57% of the company’s stock.

About Team

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.