Tetra Tech (TTEK) Showing Signs Of Perilous Reversal Today

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Trade-Ideas LLC identified Tetra Tech ( TTEK) as a "perilous reversal" (up big yesterday but down big today) candidate. In addition to specific proprietary factors, Trade-Ideas identified Tetra Tech as such a stock due to the following factors:

  • TTEK has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $15.4 million.
  • TTEK has traded 189,127 shares today.
  • TTEK is down 3.7% today.
  • TTEK was up 11.4% yesterday.

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More details on TTEK:

Tetra Tech, Inc., together with its subsidiaries, provides consulting, engineering, program management, construction management, and technical services for water, environment, energy, infrastructure, and natural resources sectors. The stock currently has a dividend yield of 1.1%. TTEK has a PE ratio of 14.8. Currently there are 5 analysts that rate Tetra Tech a buy, no analysts rate it a sell, and 4 rate it a hold.

The average volume for Tetra Tech has been 402,700 shares per day over the past 30 days. Tetra Tech has a market cap of $1.5 billion and is part of the services sector and diversified services industry. The stock has a beta of 1.31 and a short float of 3.4% with 2.82 days to cover. Shares are down 8.9% year-to-date as of the close of trading on Thursday.

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