TETRA Technologies, Inc. (TTI) Reaches $2.51 After 3.00% Up Move; Toron Capital Markets Trimmed By $9.61 Million Its Open Text (OTEX) Stake

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The stock of TETRA Technologies, Inc. (NYSE:TTI) is a huge mover today! The stock increased 4.81% or $0.115 during the last trading session, reaching $2.505. About 153,130 shares traded. TETRA Technologies, Inc. (NYSE:TTI) has declined 28.89% since April 5, 2018 and is downtrending. It has underperformed by 33.26% the S&P500. Some Historical TTI News: 05/03/2018 Tetra Bio-Pharma Announces Closing of Bought Deal Financing; 09/05/2018 – MOTOROLA SOLUTIONS GETS TETRA RADIO TENDER IN GERMANY; 06/03/2018 – GSK SAYS CLINICAL DATA DEMONSTRATE EFFICACY OF FLUARIX TETRA; 09/05/2018 – Tetra Technologies Short-Interest Ratio Rises 87% to 9 Days; 23/05/2018 – TETRA Technologies, Inc. and CSI Compressco LP Announce 2018 Investor Day Conference; 08/05/2018 – TETRA TECH. SEES YR REV CONT OPS $945M-$985M, EST. $953.1M; 14/03/2018 – RadioResource: TETRA Operator Selected to Operate Finland’s Public-Safety Broadband Network; 04/05/2018 – Tetra BioPharma Signs Second Commercialization Deal with Azevedos Industria Farmaceutica, S.A. for the Lead RX product PPP001; 04/04/2018 – Tetra Bio-Pharma Initiates Enrolment of Patients in Phase 3 PPP001 Smokable Cannabis Pellet Study; 17/05/2018 – TETRA NATURAL HEALTH- AGREEMENT WITH NAMASTE ALSO INCLUDES SALES OF TETRA NATURAL HEALTH’S INHALATION DEVICE, AIR FILTERS AND ITS MUNCHIES B GONE GUMThe move comes after 8 months positive chart setup for the $314.70 million company. It was reported on Apr, 5 by . We have $2.58 PT which if reached, will make NYSE:TTI worth $9.44 million more.

Toron Capital Markets Inc decreased Open Text Corp (OTEX) stake by 28.63% reported in 2018Q4 SEC filing. Toron Capital Markets Inc sold 300,236 shares as Open Text Corp (OTEX)’s stock rose 9.45%. The Toron Capital Markets Inc holds 748,430 shares with $24.39M value, down from 1.05M last quarter. Open Text Corp now has $10.25 billion valuation. The stock increased 0.45% or $0.17 during the last trading session, reaching $38.24. About 213,315 shares traded. Open Text Corporation (NASDAQ:OTEX) has risen 9.17% since April 5, 2018 and is uptrending. It has outperformed by 4.80% the S&P500. Some Historical OTEX News: 09/05/2018 – Open Text 3Q Rev $685.9M; 30/05/2018 – OPENTEXT REPORTS REPRICING & AMENDMENT OF CREDIT LINES; 17/04/2018 – 13D CONF: ROBBINS SAYS OPEN TEXT MISPRICED, INEXPENSIVE CO; 10/05/2018 – OPEN TEXT CORP OTEX.TO : BARCLAYS RAISES TARGET PRICE TO C$59 FROM C$57; 09/05/2018 – OPEN TEXT 3Q REV. $686M, EST. $691.8M; 02/04/2018 – Open Text Names Madhu Ranganathan CFO; 09/05/2018 – OPENTEXT BOOSTS QTR DIV TO 15.18C/SHR FROM 13.2C, EST. 15.5C; 03/05/2018 – Open Text Access Event Scheduled By National Bank Financial; 15/05/2018 – OpenText to Bring Security to the Edges of the Network and Beyond; 02/04/2018 MADHU RANGANATHAN JOINS OPENTEXT AS CHIEF FINANCIAL OFFICER

Investors sentiment decreased to 0.98 in 2018 Q4. Its down 0.14, from 1.12 in 2018Q3. It dropped, as 24 investors sold TETRA Technologies, Inc. shares while 41 reduced holdings. 26 funds opened positions while 38 raised stakes. 100.87 million shares or 0.08% more from 100.78 million shares in 2018Q3 were reported. Engineers Gate Manager Lp accumulated 0.02% or 161,694 shares. Gsa Cap Prns Llp holds 0.02% or 87,193 shares. Legal And General Grp Inc Public Limited Liability Corp invested in 0% or 264,976 shares. International Group Incorporated holds 0% of its portfolio in TETRA Technologies, Inc. (NYSE:TTI) for 94,960 shares. 67,535 were accumulated by Los Angeles Capital Mngmt Equity. Morgan Stanley owns 707,539 shares. Bridgeway Capital Mngmt has invested 0.01% in TETRA Technologies, Inc. (NYSE:TTI). 116,700 were accumulated by Ny State Common Retirement Fund. Manufacturers Life Insurance The owns 0% invested in TETRA Technologies, Inc. (NYSE:TTI) for 79,909 shares. Boston Partners has 943,760 shares. Blackrock accumulated 18.70 million shares. Commonwealth Of Pennsylvania Public School Empls Retrmt reported 0% stake. The Oregon-based Oregon Pub Employees Retirement Fund has invested 0.04% in TETRA Technologies, Inc. (NYSE:TTI). State Of Tennessee Treasury Department invested in 0% or 55,932 shares. 23,714 were accumulated by Utd Ser Automobile Association.

Among 4 analysts covering Tetra Technologies (NYSE:TTI), 2 have Buy rating, 0 Sell and 2 Hold. Therefore 50% are positive. Tetra Technologies had 5 analyst reports since November 14, 2018 according to SRatingsIntel. Credit Suisse maintained the stock with “Outperform” rating in Wednesday, November 14 report. The firm has “Hold” rating given on Tuesday, February 19 by Johnson Rice. FBR Capital maintained the stock with “Buy” rating in Thursday, February 28 report. As per Thursday, December 13, the company rating was downgraded by Raymond James.

Analysts await TETRA Technologies, Inc. (NYSE:TTI) to report earnings on May, 14. They expect $-0.02 earnings per share, up 66.67% or $0.04 from last year’s $-0.06 per share. After $-0.01 actual earnings per share reported by TETRA Technologies, Inc. for the previous quarter, Wall Street now forecasts 100.00% negative EPS growth.

Since December 26, 2018, it had 3 insider purchases, and 0 insider sales for $482,764 activity. $207,495 worth of stock was bought by COOMBS PAUL D on Thursday, December 27. Another trade for 100,000 shares valued at $134,250 was bought by BATES THOMAS R JR. 100,000 shares were bought by Brightman Stuart M, worth $141,019.

TETRA Technologies, Inc., together with its subsidiaries, operates as a diversified gas and oil services company. The company has market cap of $314.70 million. It operates through four divisions: Fluids, Production Testing, Compression, and Offshore. It currently has negative earnings. The Fluids division makes and markets clear brine fluids, additives, and associated services and products to the gas and oil industry for use in well drilling, completion, and workover activities in the United States, as well as in Latin America, Europe, Asia, the Middle East, and Africa.

More notable recent TETRA Technologies, Inc. (NYSE:TTI) news were published by: Seekingalpha.com which released: “Tetra Technologies Q4 2018 Earnings Preview – Seeking Alpha” on February 27, 2019, also Seekingalpha.com with their article: “TETRA Technologies CEO Brightman to retire, succeeded by Murphy – Seeking Alpha” published on February 25, 2019, Seekingalpha.com published: “TETRA Technologies Inc. (TTI) CEO Stuart Brightman on Q4 2018 Results – Earnings Call Transcript – Seeking Alpha” on February 28, 2019. More interesting news about TETRA Technologies, Inc. (NYSE:TTI) were released by: Seekingalpha.com and their article: “Tetra Technologies: Raising My Price Target – Seeking Alpha” published on August 19, 2018 as well as Nasdaq.com‘s news article titled: “AVX Extends its TACmicrochip® Series with Another Superlative: The Industry’s Lowest-Profile 3216 Tantalum Capacitor – Nasdaq” with publication date: April 02, 2019.

Analysts await Open Text Corporation (NASDAQ:OTEX) to report earnings on May, 8. They expect $0.08 EPS, down 63.64% or $0.14 from last year’s $0.22 per share. OTEX’s profit will be $21.44M for 119.50 P/E if the $0.08 EPS becomes a reality. After $0.39 actual EPS reported by Open Text Corporation for the previous quarter, Wall Street now forecasts -79.49% negative EPS growth.

TETRA Technologies, Inc. (NYSE:TTI) Institutional Positions Chart

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