Tetra Tech: 52-Week High Recently Eclipsed (TTEK)
Shares of Tetra Tech (NASDAQ:TTEK) traded at a new 52-week high today of $28.09. So far today approximately 211,000 shares have been exchanged, as compared to an average 30-day volume of 312,000 shares.
Over the past year, Tetra Tech has traded in a range of $21.42 to $28.09 and is now at $28.05, 31% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.2% while the 200-day MA has risen 0.2%.
Tetra Tech, Inc. provides specialized management consulting and technical services primarily in resource management, infrastructure, and communications. The Company's clients include a diverse base of public and private sector organizations. Tetra Tech operates offices in the United States and internationally.
Potential upside of 14.4% exists for Tetra Tech, based on a current level of $28.05 and analysts' average consensus price target of $32.10. The stock should find initial support at its 200-day moving average (MA) of $26.03 and further support at its 50-day MA of $25.70.
SmarTrend recommended that subscribers consider buying shares of Tetra Tech on December 3rd, 2012 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $25.68. Since that recommendation, shares of Tetra Tech have risen 4.6%. We continue to monitor TTEK for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: 52 week high/lows Tetra Tech