Team (NYSE:TISI) Upgraded at StockNews.com

StockNews.com upgraded shares of Team (NYSE:TISI) from a buy rating to a strong-buy rating in a research note published on Saturday morning.

Team Trading Down 2.0 %

NYSE:TISI opened at $16.68 on Friday. Team has a 12 month low of $5.05 and a 12 month high of $26.77. The firm has a fifty day simple moving average of $16.15 and a 200-day simple moving average of $16.35. 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 company has a market capitalization of $74.87 million, a P/E ratio of -1.36 and a beta of 1.85.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Manatuck Hill Partners LLC lifted its position in Team by 23.0% during the fourth quarter. Manatuck Hill Partners LLC now owns 62,075 shares of the business services provider’s stock valued at $787,000 after purchasing an additional 11,625 shares during the period. Northern Trust Corp lifted its position in Team by 52.6% during the fourth quarter. Northern Trust Corp now owns 35,966 shares of the business services provider’s stock valued at $456,000 after purchasing an additional 12,400 shares during the period. Dimensional Fund Advisors LP acquired a new position in Team during the fourth quarter valued at $140,000. Geode Capital Management LLC lifted its position in Team by 4.8% during the fourth quarter. Geode Capital Management LLC now owns 44,471 shares of the business services provider’s stock valued at $564,000 after purchasing an additional 2,033 shares during the period. Finally, JPMorgan Chase & Co. lifted its position in Team by 11,511.8% during the fourth quarter. JPMorgan Chase & Co. now owns 1,974 shares of the business services provider’s stock valued at $25,000 after purchasing an additional 1,957 shares during the period. 46.57% of the stock is currently owned by institutional investors and hedge funds.

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.