Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
The price of T1 Energy Inc (NYSE: TE) closed at $1.05 in the last session, down -1.87% from day before closing price of $1.07. In other words, the price has decreased by -$1.87 from its previous closing price. On the day, 1.19 million shares were traded. TE stock price reached its highest trading level at $1.08 during the session, while it also had its lowest trading level at $1.03.
Ratios:
We take a closer look at TE’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.35 and its Current Ratio is at 1.41. In the meantime, Its Debt-to-Equity ratio is 3.01 whereas as Long-Term Debt/Eq ratio is at 2.57.
On November 14, 2023, Morgan Stanley Downgraded its rating to Equal-Weight which previously was Overweight and also lowered its target price recommendation from $13 to $2.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Dec 18 ’24 when Slettemoen Tore Ivar sold 391,071 shares for $1.88 per share. The transaction valued at 735,213 led to the insider holds 5,080,446 shares of the business.
Slettemoen Tore Ivar sold 600,000 shares of TE for $978,000 on Dec 13 ’24. The Director now owns 6,016,105 shares after completing the transaction at $1.63 per share. On Dec 17 ’24, another insider, Slettemoen Tore Ivar, who serves as the Director of the company, sold 544,588 shares for $1.74 each. As a result, the insider received 947,583 and left with 5,471,517 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TE now has a Market Capitalization of 163734896 and an Enterprise Value of 852846976. For the stock, the TTM Price-to-Sale (P/S) ratio is 55.69 while its Price-to-Book (P/B) ratio in mrq is 0.87. Its current Enterprise Value per Revenue stands at 289.887 whereas that against EBITDA is -17.654.
Stock Price History:
The Beta on a monthly basis for TE is 1.33, which has changed by -0.34375 over the last 52 weeks, in comparison to a change of 0.05430484 over the same period for the S&P500. Over the past 52 weeks, TE has reached a high of $3.36, while it has fallen to a 52-week low of $0.91. The 50-Day Moving Average of the stock is -28.70%, while the 200-Day Moving Average is calculated to be -34.01%.
Shares Statistics:
According to the various share statistics, TE traded on average about 1.62M shares per day over the past 3-months and 1540120 shares per day over the past 10 days. A total of 155.93M shares are outstanding, with a floating share count of 118.74M. Insiders hold about 23.85% of the company’s shares, while institutions hold 39.63% stake in the company. Shares short for TE as of 1743379200 were 13464266 with a Short Ratio of 8.33, compared to 1740700800 on 12769161. Therefore, it implies a Short% of Shares Outstanding of 13464266 and a Short% of Float of 10.24.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
