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The Attractiveness of Investing In Tetra Tech, Inc. (TTEK) is Growing

Tetra Tech, Inc.’s recently made public that its CHIEF EXECUTIVE OFFICER BATRACK DAN L unloaded Company’s shares for reported $0.43 million on Nov 18 ’31. In the deal valued at $28.76 per share,15,000 shares were sold. As a result of this transaction, BATRACK DAN L now holds 159,029 shares worth roughly $33.85 million.

Then, BURDICK STEVEN M sold 7,515 shares, generating $1,320,160 in total proceeds. Upon selling the shares at $175.67, the EVP, CFO now owns 29,890 shares.

Before that, THOMPSON J KENNETH sold 3,500 shares. Tetra Tech, Inc. shares valued at $620,336 were divested by the Director at a price of $177.24 per share. As a result of the transaction, THOMPSON J KENNETH now holds 10,985 shares, worth roughly $2.34 million.

Northcoast upgraded its Tetra Tech, Inc. [TTEK] rating to a Buy from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including KeyBanc Capital Markets’s analysts, who began to cover the stock in early January with a ‘”an Overweight”‘ rating. William Blair began covering TTEK with “an Outperform” recommendation on September 13, 2023. RBC Capital Mkts started covering the stock on August 28, 2023. It rated TTEK as “an Outperform”.

Price Performance Review of TTEK

On Tuesday, Tetra Tech, Inc. [NASDAQ:TTEK] saw its stock jump 0.36% to $212.88. Over the last five days, the stock has gained 9.33%. Tetra Tech, Inc. shares have risen nearly 27.53% since the year began. Nevertheless, the stocks have risen 48.19% over the past one year. While a 52-week high of $215.44 was reached on 05/07/24, a 52-week low of $132.29 was recorded on 01/31/24. SMA at 50 days reached $187.90, while 200 days put it at $168.68. A total of 0.43 million shares were traded, compared to the trading of 0.33 million shares in the previous session.

Levels Of Support And Resistance For TTEK Stock

The 24-hour chart illustrates a support level at 209.87, which if violated will result in even more drops to 206.87. On the upside, there is a resistance level at 216.06. A further resistance level may holdings at 219.25. The Relative Strength Index (RSI) on the 14-day chart is 78.83, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 15.44, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 10.23%. Stochastics %K at 91.81% indicates the stock is a selling.

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