Team (NYSE:TISI) Stock Passes Above Two Hundred Day Moving Average – Time to Sell?

Team, Inc. (NYSE:TISI)’s share price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $15.43 and traded as high as $17.49. Team shares last traded at $17.49, with a volume of 3,566 shares.

More Team News

Here are the key news stories impacting Team this week:

• Neutral Sentiment: No material Team, Inc. news was included in the last 24–36 hours, so there is no clear new fundamental driver for the stock move.
• Positive Sentiment: Investors may still be responding to Team, Inc.’s recent earnings beat, where the company posted better-than-expected revenue and a narrower loss than analysts anticipated.
• Neutral Sentiment: The article list mainly features unrelated corporate updates from other firms, including leadership changes, partnerships, and AI-related announcements, which are unlikely to directly affect Team, Inc.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Team in a research report on Monday, April 20th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Team presently has an average rating of “Sell”.

Team Stock Performance

The stock’s 50 day moving average price is $16.78 and its 200 day moving average price is $15.43. The company has a market capitalization of $79.93 million, a P/E ratio of -2.13 and a beta of 1.03.

Team (NYSE:TISI) last released its earnings results on Wednesday, May 13th. The business services provider reported ($2.76) earnings per share (EPS) for the quarter, beating the consensus estimate of ($5.94) by $3.18. The firm had revenue of $215.06 million during the quarter, compared to analyst estimates of $208.88 million.

Insider Buying and Selling at Team

In other Team news, CEO Gary L. Hill acquired 6,250 shares of the company’s stock in a transaction dated Monday, June 1st. The shares were bought at an average cost of $16.00 per share, with a total value of $100,000.00. Following the purchase, the chief executive officer directly owned 51,687 shares of the company’s stock, valued at $826,992. This trade represents a 13.76% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Over the last three months, insiders bought 12,650 shares of company stock valued at $203,862. Company insiders own 8.80% of the company’s stock.

Institutional Investors Weigh In On Team

Large investors have recently added to or reduced their stakes in the business. IES Holdings Inc. bought a new stake in Team in the fourth quarter worth approximately $1,060,000. DG Capital Management LLC bought a new position in shares of Team during the 4th quarter worth approximately $913,000. Corre Partners Management LLC boosted its holdings in shares of Team by 1.1% during the 4th quarter. Corre Partners Management LLC now owns 1,604,326 shares of the business services provider’s stock worth $22,669,000 after buying an additional 17,030 shares in the last quarter. Barclays PLC grew its position in shares of Team by 4.8% during the 4th quarter. Barclays PLC now owns 313,766 shares of the business services provider’s stock worth $4,434,000 after buying an additional 14,238 shares during the period. Finally, DRW Securities LLC acquired a new stake in shares of Team during the 4th quarter worth approximately $168,000. Institutional investors and hedge funds own 46.57% of the company’s stock.

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.