AMH Equity Ltd Lowers Stake in Team, Inc. (NYSE:TISI)

AMH Equity Ltd cut its stake in Team, Inc. (NYSE:TISI) by 5.9% during the fourth quarter, HoldingsChannel reports. The fund owned 44,500 shares of the business services provider’s stock after selling 2,800 shares during the quarter. AMH Equity Ltd’s holdings in Team were worth $564,000 as of its most recent SEC filing.

Separately, Geode Capital Management LLC grew its position in shares of Team by 10.3% in the 3rd 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 during the last quarter. Hedge funds and other institutional investors own 46.57% of the company’s stock.

Team Stock Performance

Shares of TISI opened at $16.70 on Thursday. The company has a current ratio of 1.80, a quick ratio of 1.57 and a debt-to-equity ratio of 17.55. The firm has a market cap of $74.88 million, a PE ratio of -1.36 and a beta of 1.85. Team, Inc. has a 12 month low of $5.05 and a 12 month high of $26.77. The stock has a fifty day moving average price of $16.22 and a 200-day moving average price of $16.40.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised shares of Team from a “buy” rating to a “strong-buy” rating in a research report on Saturday, February 22nd.

Team 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.