Tetra Story

<div class='circular--portrait' style='background:#FF6600;color: #FFFAFA;font-size:3em;'>TTI</div>
TTI -- USA Stock  

USD 0.59  0.02  3.28%

While some traders are getting carried away by overanalyzing energy space, it is reasonable to concentrate on Tetra against current market trends. We are going to address the reasons why we are still confident in anticipation of a recovery. The returns on the market and returns on Tetra appear somewhat related for the last few months. The occurrence of stable basic indicators of the company implies a mid-run price swing for stockholders of Tetra. Tetra is scheduled to announce its earnings today. The next earnings report is expected on the 5th of November 2020.
Published over a month ago
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Will Tetra (NYSE:TTI) price continue to rise in September?
The company's average rating is Sell from 4 analysts. Do analysts base this consensus on technical analyses? We know that typical technical analysis utilizes price momentum, patterns, and trends looking at historical prices. It aims to identify signals based on Tetra market sentiment investors' perception of the future value of Tetra. Let us look at a few aspects of Tetra technical analysis.
Using predictive technical analysis, we will analyze different prices and returns patterns and diagnose historical swings to determine the real value of Tetra. In general, we focus on analyzing Tetra stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Tetra's daily price indicators and compare them against related drivers such as momentum indicators and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Tetra's intrinsic value. In addition to deriving basic predictive indicators for Tetra, we also check how macroeconomic factors affect Tetra price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.

Watch out for price decline

Please consider monitoring Tetra on a daily bases if you are holding a position in it. Tetra is trading at a penny-stock level, and the possibility of delisting is much higher compared to other equities. However, just because the stock is trading under one dollar, does not mean it will be marked for deletion. Most exchanges require public instruments, such as Tetra stock to be traded above the $1 level to remain listed. If Tetra stock price falls below $1 for 30 consecutive trading days, the exchange can delist it. Once the company reaches this point, they will be sent an initial price violation notice directly from an exchange.

How does Tetra Stands against Peers?

Analyzing Tetra competition or peers my help you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Try to analyze the advantages of investing in traded instruments related to Tetra across multiple sectors and thematic ideas. A good competitive analysis can cover a lot of different areas. But what areas to choose depends on who you are. The more exhaustive you are in your analysis, the more effective your competitive analysis will be.
Check out Tetra Competition Details

How Tetra utilizes its cash?

To perform a cash flow analysis of Tetra, investors first need to understand how to read the cash flow statement. A cash flow statement shows the amount of cash Tetra is receiving and how much cash it distributes out in a given period. The Tetra cash flow statement breaks down these inflows and outflows into different buckets, including operating activities, investing activities, and financing activities. Tetra Net Cash Flow from Operations is most likely to decrease significantly in the upcoming years. The last year's value of Net Cash Flow from Operations was reported at 90.23 Million

Payment of 2131 shares by Matthew Sanderson of Tetra subject to Rule 16b-3

Legal trades by Tetra insiders are very common, as founders, directors, or employees of any publicly traded firm often have stock or stock options. These trades are made public in the United States through the filing of Form 4 of the Securities and Exchange Commission. Below entry was recorded recently and is publicly available as an insider trade:
Tetra insider trading alert for payment of common stock by Matthew Sanderson, Senior Vice President, on 1st of September 2020. This event was filed by Tetra Technologies Inc with SEC on 2020-09-01. Statement of changes in beneficial ownership - SEC Form 4. Matthew Sanderson currently serves as senior vice president - energy services group of Tetra [view details]   
Note, although insider trading is legal, in the United States, Canada, Australia, and Germany, for mandatory reporting purposes, corporate insiders are defined as a company's officers, directors, and any beneficial owners of more than 10% of a class of the company's equity securities.

Closer look at Tetra Variance

Tetra has current Variance of 135.77. Variance is another measure of security risk that shows the amount of dispersion of equity returns around their mean value. Variance is calculated as the average squared deviations from the mean. Evaluating a set of investment alternatives one can use variance to help determine the volatility when purchasing a specific security. Similar to Standard Deviation, the variance is a measure of how far a set of numbers is spread out around its mean.

Variance is also a measure of stock volatility and can help determine the risk an investor might take on when purchasing a specific security. A relatively big variance indicates that the daily prices or returns are far from the mean and a small variance indicates that they are located around the mean.

Variance 
 = 
SUM(RET DEV)2 
 = 
135.77
SUM = Summation notation
RET DEV = Actual returns deviation over selected period
N = Number of points for the period
Let's now compare Tetra Variance to its closest peers:
TTI
SLB
HAL
CHOLF
TS
TTI135.77
SLB18.94
HAL25.89
CHOLF22.87
TS18.98

Will Tetra growth be real after the rise?

The skewness is down to 1.45 as of today. Tetra is displaying above-average volatility over the selected time horizon. Investors should scrutinize Tetra independently to ensure intended market timing strategies are aligned with expectations about Tetra volatility. Tetra is a potential penny stock. Although Tetra may be in fact a good instrument to invest, many penny stocks are speculative in nature and are subject to artificial price hype. Please make sure you totally understand the upside potential and downside risk of investing in Tetra. We encourage investors to look for the signals such us email spams, message board hypes, claims of breakthroughs, volume upswings, sudden news releases, promotions that are not reported, or demotions released before SEC filings. Please also check biographies and work history of current and past company officers before investing in high volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on this equity instrument if you perfectly time your entry and exit. However, remember that penny stocks that have been the subject of an artificial hype usually unable to maintain its increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.

While some companies under the oil & gas equipment & services industry are still a bit expensive, Tetra may offer a potential longer-term growth to stockholders. To conclude, as of the 4th of August 2020, we see that Tetra slowly supersedes the market. The company is undervalued with below average odds of distress within the next 24 months. Our primary 30 days recommendation on the company is Cautious Hold.

About Contributor

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Gabriel Shpitalnik do not own shares of Tetra. Please refer to our Terms of Use for any information regarding our disclosure principles.

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