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TTEK’s 2023 Market Saga: Unraveling the Story of Gains and Losses

The stock price performance this year has been a mixed bag, which means people have different opinions about whether it’s been good or bad. Some may see it as optimistic, while others may view it as pessimistic. Until today this year the stock’s price performance recorded an increase of 12.77%. However, over the last six months, the performance has been weaker by 14.19%. The price of TTEK increased 0.80% over the last 30 days. And in the last five days, it has surged by 6.52%.

Tetra Tech, Inc. (TTEK) current stock price is $163.73. During the last trading session, the stock soared, reaching $169.49 after opening at $159.95. The stock’s lowest point was $159.95 before it closed at $158.23.

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In terms of market performance, Tetra Tech, Inc. had a somewhat regular. The highest value for the stock in the past year was $173.27 on 07/19/23, while the lowest value was $131.19 on 03/13/23.

52-week price history of TTEK Stock

A stock’s 52-week price history, including the low and high prices, can offer valuable insights into its current standing and future prospects. Tetra Tech, Inc.’s current trading price is -5.51% away from its 52-week high, while its distance from the 52-week low is 24.80%. The stock’s price range over this timeframe has been between $131.19 and $173.27. The shares of the Industrials sector company recorded a trading volume of approximately 0.63 million for the day, which was comparatively higher than the average daily volume of 0.34 million over the last three months.

The Connection Between Financial Performance and Market Capitalization

Tetra Tech, Inc. (TTEK) has experienced a quarterly rise of 3.52% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 8.72B and boasts a workforce of 21000 employees.

Expert Opinions: Analysts’ Ratings for Tetra Tech, Inc.

As of right now, 3 analysts are rating Tetra Tech, Inc. as a BUY, 0 of the polled analysts branded the stock as an OVERWEIGHT, 4 analysts are recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 analyst is rating the stock as SELL.

How Moving Averages and Trading Volume Data Work Together

Based on Barchart.com data, the company’s moving average over the 100-day period was 160.03, with a change in price of +1.28. Similarly, Tetra Tech, Inc. recorded 319,048 in trading volume during the last 100 days, posting a change of +0.79%.

TTEK’s Debt-to-Equity Ratio: A Comprehensive Review

A key metric for assessing a company’s financial well-being and market status is the debt-to-equity (D/E) ratio. This ratio is derived by dividing a company’s total liabilities by its shareholders’ equity, and it demonstrates the level of debt a company uses to support its assets relative to shareholder equity. At the time of writing, the total D/E ratio for TTEK stands at 0.79. Similarly, the long-term debt-to-equity ratio is also 0.74.

TTEK Stock Stochastic Average

The raw stochastic average for Tetra Tech, Inc. over the last 50 days is presently at 77.96%. This reflects a surge from the raw stochastic average of the previous 20 days, which was noted at 77.96%. Further, the company’s Stochastic %K and %D values for the last 20 days were 77.85% and 67.08%, respectively.

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