Team, Inc. (TISI) in Sugar Land, Tex., provides integrated and digitally-enabled asset performance assurance and optimization solutions in more than 20 countries. It operates through three segments: Inspection and Heat Treating (IHT); Mechanical Services (MS); and Quest Integrity.
Shares of TISI have retreated 89.3% in price over the past year to close Friday’s trading session at $1.02. The bearish investor sentiment can be attributed to management comments regarding TISI’s ability to operate as a going concern and its poor financials.
