Titan Environmental Solutions Inc. Stock Analysis TESI

Titan Environmental Solutions, Inc. engages in the provision of non-hazardous solid waste and recycling collection, transportation, transfer, and disposal services. The company is headquartered in Detroit, Michigan and currently employs 40 full-time employees. The company went IPO on 2019-09-23. The firm conducts its business primarily through its principal operating subsidiary, Standard Waste Services, LLC (Standard), which provides waste and recycling collection and disposal services to industrial generators and commercial contractors located in Michigan. The company also provides contracted commercial roll-off and front-load waste services, including dumpster compactor rentals to customers. Its Trucking segment is engaged in transporting environmental and other waste for customers. The Titan Trucking, LLC subsidiary, is a non-hazardous solid waste management company, which operates in a recession resistant industry of waste and recyclable materials. The firm provides Collection Services, Transportation and Disposal Services, and Recycling Services.