KD Logo

Maxim Group gives a Hold recommendation for Tetra Tech, Inc (TTEK)

Tetra Tech, Inc’s recent filing unveils that its Director Volpi Kirsten M unloaded Company’s shares for reported $0.35 million on Feb 04 ’25. In the deal valued at $34.33 per share,10,116 shares were sold. As a result of this transaction, Volpi Kirsten M now holds 60,196 shares worth roughly $1.81 million.

Then, Volpi Kirsten M bought 10,116 shares, generating $347,313 in total proceeds.

Before that, BURDICK STEVEN M sold 36,830 shares. Tetra Tech, Inc shares valued at $1,715,173 were divested by the EVP, CFO at a price of $46.57 per share. As a result of the transaction, BURDICK STEVEN M now holds 112,620 shares, worth roughly $3.38 million.

Maxim Group downgraded its Tetra Tech, Inc [TTEK] rating to a Hold from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Maxim Group’s analysts, who remained covering the stock and in mid May has reiterated a ‘”a Buy”‘ rating for it. Northcoast also remained covering TTEK and has increased its forecast on May 02, 2024 with a “Buy” recommendation from previously “Neutral” rating. KeyBanc Capital Markets started covering the stock on January 10, 2024. It rated TTEK as “an Overweight”.

Price Performance Review of TTEK

On Friday, Tetra Tech, Inc [NASDAQ:TTEK] saw its stock jump 0.30% to $30.02. Over the last five days, the stock has lost -1.90%. Tetra Tech, Inc shares have fallen nearly -24.65% since the year began. Nevertheless, the stocks have fallen -14.40% over the past one year. While a 52-week high of $51.20 was reached on 01/21/25, a 52-week low of $29.23 was recorded on 02/21/25. SMA at 50 days reached $37.84, while 200 days put it at $42.84.

Levels Of Support And Resistance For TTEK Stock

The 24-hour chart illustrates a support level at 29.69, which if violated will result in even more drops to 29.35. On the upside, there is a resistance level at 30.44. A further resistance level may holdings at 30.85. The Relative Strength Index (RSI) on the 14-day chart is 14.55, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.82, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 86.43%. Stochastics %K at 8.14% indicates the stock is a buying.

The most recent change occurred on September 13, 2023 when William Blair began covering the stock and recommended ‘”an Outperform”‘ rating .

Most Popular