TMCnet News
Post Earnings Update: Tetra Technologies Has Climbed 11.8% Higher in Past Week (TTI)May 20, 2013 (SmarTrend(R) News Watch via COMTEX) -- 12 days ago, on May 8th, 2013, Tetra Technologies (NYSE:TTI) reported its earnings. Analysts, on average, expected earnings of $0.11 per share on sales of $222.6 million. Tetra Technologies actually reported earnings of $0.06 per share on sales of $208.6 million, missing EPS estimates by $0.05 and missing revenue estimates by $14.0 million. Shares of Tetra Technologies have climbed from $9.02 to $10.08, representing a gain of 11.8% since the company reported earnings 12 days ago. Over the past year, Tetra Technologies has traded in a range of $5.35 to $10.74 and is now at $10.08, 88% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.7% while the 200-day MA has risen 0.9%. SmarTrend recommended that subscribers consider buying shares of Tetra Technologies on May 3rd, 2013 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $9.35. Since that recommendation, shares of Tetra Technologies have risen 7.9%. We continue to monitor TTI for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately. Write to Chip Brian at [email protected] --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup |