Team (NYSE:TISI) Earns Buy Rating from Analysts at StockNews.com

StockNews.com started coverage on shares of Team (NYSE:TISI) in a research report sent to investors on Monday. The firm issued a buy rating on the business services provider’s stock.

Team Trading Down 0.1 %

Shares of TISI opened at $8.52 on Monday. The company has a debt-to-equity ratio of 11.41, a current ratio of 1.74 and a quick ratio of 1.52. Team has a 1-year low of $5.05 and a 1-year high of $11.25. The stock has a market cap of $37.66 million, a price-to-earnings ratio of -0.55 and a beta of 1.84. The firm has a 50 day simple moving average of $7.69 and a 200-day simple moving average of $7.02.

Team (NYSE:TISI) last announced its earnings results on Tuesday, May 14th. The business services provider reported ($3.33) EPS for the quarter. The company had revenue of $199.60 million for the quarter. Team had a negative net margin of 7.93% and a negative return on equity of 89.91%.

Insider Buying and Selling

In other news, major shareholder Corre Partners Management, Llc acquired 6,122 shares of Team stock in a transaction that occurred on Tuesday, May 21st. The shares were acquired at an average price of $7.00 per share, with a total value of $42,854.00. Following the completion of the purchase, the insider now owns 1,548,489 shares of the company’s stock, valued at approximately $10,839,423. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. In the last quarter, insiders purchased 12,922 shares of company stock worth $96,510. 2.70% of the stock is owned by corporate insiders.

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.