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Should You Buy Team Inc (TISI) Stock After it Is Down 20.96% in a Week?

Thursday, September 28, 2023 01:59 PM | InvestorsObserver Analysts

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Should You Buy Team Inc (TISI) Stock After it Is Down 20.96% in a Week?

Team Inc (TISI) stock is lower by 20.96% over the past week and gets a Bearish rating from InvestorsObserver Sentiment Indicator.

Sentiment Score - ,bearish
Team Inc has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on TISI!

What is Stock Sentiment?

In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company. Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive. InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend. Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .

What's Happening With TISI Stock Today?

Team Inc (TISI) stock is down -11.37% while the S&P 500 has risen 0.48% as of 1:38 PM on Thursday, Sep 28. TISI is lower by -$0.91 from the previous closing price of $8.00 on volume of 23,297 shares. Over the past year the S&P 500 is higher by 17.76% while TISI is lower by -33.74%. TISI earned $19.34 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 0.36.

More About Team Inc

Team Inc is a provider of specialty industrial services, including inspection, engineering assessment and mechanical repair and remediation required in maintaining high temperature and high-pressure piping systems and vessels that are utilized in the refining, petrochemical, and others. The company operates in three segments Inspection and Heat Treating Group, Mechanical Services Group and Quest Integrity Group. Inspection and Heat Treating Group provides non-destructive testing services for the process, pipeline and power sectors and others. The Mechanical Services Group provides call-out and turnaround services under both on-stream and shut down circumstances. Quest Integrity provides integrity and reliability management solutions for the process, pipeline and power sectors. Click Here to get the full Stock Report for Team Inc stock.

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