Team (NYSE:TISI) Upgraded to Strong-Buy at StockNews.com

Team (NYSE:TISI) was upgraded by stock analysts at StockNews.com from a “buy” rating to a “strong-buy” rating in a note issued to investors on Saturday.

Team Stock Performance

NYSE:TISI opened at $17.12 on Friday. The stock has a market cap of $76.87 million, a P/E ratio of -1.39 and a beta of 1.85. 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 stock’s 50-day moving average is $16.12 and its 200-day moving average is $16.20. Team has a 1-year low of $5.05 and a 1-year high of $26.77.

Institutional Trading of Team

Several institutional investors have recently added to or reduced their stakes in TISI. Barclays PLC boosted its holdings in Team by 7.3% in the third quarter. Barclays PLC now owns 274,706 shares of the business services provider’s stock valued at $4,189,000 after acquiring an additional 18,733 shares during the last quarter. Northern Trust Corp boosted its holdings in Team by 52.6% in the fourth quarter. Northern Trust Corp now owns 35,966 shares of the business services provider’s stock valued at $456,000 after acquiring an additional 12,400 shares during the last quarter. Manatuck Hill Partners LLC boosted its holdings in Team by 23.0% in the fourth quarter. Manatuck Hill Partners LLC now owns 62,075 shares of the business services provider’s stock valued at $787,000 after acquiring an additional 11,625 shares during the last quarter. Dimensional Fund Advisors LP bought a new stake in Team in the fourth quarter valued at approximately $140,000. Finally, Geode Capital Management LLC boosted its holdings in Team by 10.3% in the third quarter. Geode Capital Management LLC now owns 42,438 shares of the business services provider’s stock valued at $647,000 after acquiring an additional 3,973 shares during the last quarter. 46.57% of the stock is currently owned by institutional investors.

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.