Daily Market Movement: Telos Corp (TLS) Sees a 3.16 Increase, Closing at 3.59

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The closing price of Telos Corp (NASDAQ: TLS) was $3.59 for the day, up 3.16% from the previous closing price of $3.48. In other words, the price has increased by $3.16 from its previous closing price. On the day, 0.54 million shares were traded. TLS stock price reached its highest trading level at $3.61 during the session, while it also had its lowest trading level at $3.41.

Ratios:

Our analysis of TLS’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 4.70 and its Current Ratio is at 4.76. In the meantime, Its Debt-to-Equity ratio is 0.07 whereas as Long-Term Debt/Eq ratio is at 0.06.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, B. Riley Securities on November 10, 2023, Upgraded its rating to Buy and sets its target price to $4.50 from $2.75 previously.

On September 27, 2023, Northland Capital Upgraded its rating to Outperform which previously was Market Perform and also upped its target price recommendation from $2.50 to $4.

Northland Capital Downgraded its Outperform to Market Perform on January 03, 2023, while the target price for the stock was maintained at $5.

Insider Transactions:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Aug 12 ’24 when Wood John B bought 158,644 shares for $2.39 per share. The transaction valued at 379,159 led to the insider holds 5,026,925 shares of the business.

Schaufeld Fredrick bought 212,463 shares of TLS for $533,282 on Aug 12 ’24. The Director now owns 1,556,610 shares after completing the transaction at $2.51 per share. On Aug 14 ’24, another insider, Schaufeld Fredrick, who serves as the Director of the company, bought 37,537 shares for $2.35 each. As a result, the insider paid 88,212 and bolstered with 1,594,147 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, TLS now has a Market Capitalization of 259401904 and an Enterprise Value of 190428768. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.92 while its Price-to-Book (P/B) ratio in mrq is 1.74. Its current Enterprise Value per Revenue stands at 1.407 whereas that against EBITDA is -6.114.

Stock Price History:

Over the past 52 weeks, TLS has reached a high of $5.03, while it has fallen to a 52-week low of $1.89. The 50-Day Moving Average of the stock is 2.79%, while the 200-Day Moving Average is calculated to be -5.20%.

Shares Statistics:

TLS traded an average of 917.35K shares per day over the past three months and 487870 shares per day over the past ten days. A total of 70.24M shares are outstanding, with a floating share count of 50.91M. Insiders hold about 29.54% of the company’s shares, while institutions hold 62.94% stake in the company. Shares short for TLS as of 1726185600 were 3497887 with a Short Ratio of 3.81, compared to 1723680000 on 3374785. Therefore, it implies a Short% of Shares Outstanding of 3497887 and a Short% of Float of 6.43.

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