Team (NYSE:TISI) Stock Price Passes Above Two Hundred Day Moving Average – Here’s Why
by Kim Johansen · The Markets DailyShares of Team, Inc. (NYSE:TISI – Get Free Report) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $14.98 and traded as high as $16.50. Team shares last traded at $15.51, with a volume of 5,091 shares traded.
Key Headlines Impacting Team
Here are the key news stories impacting Team this week:
- Positive Sentiment: Insider buying: Company insiders have been buying shares, signaling confidence from management and the board — a common catalyst for retail/institutional interest. Insider Buying Spree at Team
- Positive Sentiment: Technical breakout: Coverage notes the stock moved above its 200‑day moving average — a bullish technical trigger that can attract momentum traders and algos. Stock Passes Above 200 Day Moving Average
- Neutral Sentiment: Price & volume context: Shares are trading modestly above both the 50‑day (~$14.59) and 200‑day (~$14.99) averages on light absolute volume (trading slightly above its recent average), which can produce outsized percentage moves in either direction given the small float. TISI Quote & Stats
- Negative Sentiment: Fundamentals and risk: Team reported a large quarterly loss (last EPS -$1.21) and carries a negative P/E; the company’s small market cap (~$74M) and limited liquidity increase downside risk if sentiment reverses.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Team in a report on Wednesday, January 21st. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Team presently has a consensus rating of “Sell”.
View Our Latest Stock Report on Team
Team Stock Performance
The company has a fifty day moving average of $14.59 and a 200-day moving average of $14.99. The company has a market capitalization of $74.05 million, a price-to-earnings ratio of -1.38 and a beta of 1.11.
Team (NYSE:TISI – Get Free Report) last announced its earnings results on Thursday, March 12th. The business services provider reported ($1.21) EPS for the quarter. The business had revenue of $224.83 million during the quarter.
Insider Buying and Selling
In other news, Director Edward J. Stenger acquired 3,583 shares of Team stock in a transaction that occurred on Tuesday, March 24th. The stock was purchased at an average cost of $16.31 per share, with a total value of $58,438.73. Following the purchase, the director owned 14,890 shares in the company, valued at $242,855.90. This trade represents a 31.69% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 3.70% of the company’s stock.
Institutional Investors Weigh In On Team
A number of hedge funds have recently modified their holdings of the business. GSA Capital Partners LLP purchased a new position in shares of Team in the third quarter worth about $188,000. DRW Securities LLC acquired a new stake in Team in the 4th quarter valued at about $168,000. Dimensional Fund Advisors LP raised its holdings in Team by 8.7% in the 3rd quarter. Dimensional Fund Advisors LP now owns 15,057 shares of the business services provider’s stock valued at $250,000 after acquiring an additional 1,204 shares during the last quarter. Susquehanna International Group LLP lifted its stake in Team by 5.1% in the 3rd quarter. Susquehanna International Group LLP now owns 17,263 shares of the business services provider’s stock worth $286,000 after purchasing an additional 834 shares in the last quarter. Finally, DG Capital Management LLC purchased a new position in Team in the 4th quarter worth approximately $913,000. 46.57% of the stock is currently owned by institutional investors and hedge funds.
Team Company Profile
Team, Inc (NYSE:TISI) designs, engineers and manufactures industrial screen printing and digital printing equipment for a variety of end markets. The company’s solutions are used primarily in textile decorating, apparel, signage and graphics, and specialty industrial applications. By combining precision mechanical design with automated controls, Team delivers systems that enhance production speed, print quality and repeatability for its customers.
Team’s product portfolio includes manual and automatic screen presses, inkjet UV LED curing systems, digital direct-to-garment printers and hybrid platforms that integrate multiple printing technologies.