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

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

Team Trading Up 4.8 %

NYSE TISI opened at $8.80 on Tuesday. Team has a one year low of $5.05 and a one year high of $11.25. The company’s 50 day moving average price is $7.90 and its 200 day moving average price is $7.11. The company has a debt-to-equity ratio of 11.41, a quick ratio of 1.52 and a current ratio of 1.74. The firm has a market capitalization of $38.85 million, a price-to-earnings ratio of -0.57 and a beta of 1.84.

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

Insider Buying and Selling at Team

In related news, major shareholder Corre Partners Management, Llc purchased 4,000 shares of the firm’s stock in a transaction dated Friday, June 14th. The stock was acquired at an average price of $8.29 per share, with a total value of $33,160.00. Following the completion of the transaction, the insider now owns 1,559,520 shares of the company’s stock, valued at $12,928,420.80. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Insiders bought 12,922 shares of company stock valued at $96,510 over the last 90 days. 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.