Tetra Technologies Inc. (TTI) had a good day on the market for Friday March 15 as shares jumped 8.05% to close at $2.55. About 2.15 million shares traded hands on 3,362 trades for the day, compared with an average daily volume of 1.02 million shares out of a total float of 125.63 million. After opening the trading day at $2.36, shares of Tetra Technologies Inc. stayed within a range of $2.55 to $2.35.
With today’s gains, Tetra Technologies Inc. now has a market cap of $320.35 million. Shares of Tetra Technologies Inc. have been trading within a range of $5.11 and $1.29 over the last year, and it had a 50-day SMA of $2.30 and a 200-day SMA of $3.42.
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 five reporting segments organized into four divisions namely Fluids, Production Testing, Compression, and Offshore. The Fluids Division manufactures and markets clear brine fluids, additives, and associated products and services. The Compression Division is a provider of compression services and equipment for natural gas and oil production, gathering, transportation, processing, and storage.
Tetra Technologies Inc. is based out of The Woodlands, TX and has some 2,600 employees. Its CEO is Stuart M. Brightman.