Tetra Technologies Inc. (NYSE:TTI) traded at a new 52-week high today of $1.98. This new high was reached on above average trading volume as 8.4 million shares traded hands, while the average 30-day volume is approximately 1.8 million shares.
Tetra Technologies Inc. (NYSE:TTI) is currently priced 27.4% above its average consensus analyst price target of $1.42.
Tetra Technologies Inc is a diversified oil and gas services company, focused on completion fluids and associated products and services, water management, frac flowback, production well testing, offshore rig cooling, and compression services. It has three reporting segments namely Completion Fluids & Products, Water & Flowback Services, and Compression. The Completion Fluids & Products Division manufactures and markets clear brine fluids, additives, and associated products and services. The Water & Flowback Services Division provides onshore oil and gas operators with comprehensive water management services. The Compression Division is a provider of compression services and equipment for natural gas and oil production, gathering, transportation, processing, and storage.
Over the past year, Tetra Technologies Inc. has traded in a range of $0.22 to $1.98 and is now at $1.95, 786% above that low.
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