Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
The price of T1 Energy Inc (NYSE: TE) closed at $1.65 in the last session, up 2.48% from day before closing price of $1.61. In other words, the price has increased by $2.48 from its previous closing price. On the day, 1.79 million shares were traded. TE stock price reached its highest trading level at $1.71 during the session, while it also had its lowest trading level at $1.5806.
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 6.36 and its Current Ratio is at 6.36. In the meantime, Its Debt-to-Equity ratio is 0.04 whereas as Long-Term Debt/Eq ratio is at 0.03.
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 257281200 and an Enterprise Value of 937079168. Its current Enterprise Value per Revenue stands at 318.518 whereas that against EBITDA is -14.686.
Stock Price History:
The Beta on a monthly basis for TE is 1.09, which has changed by 0.06451619 over the last 52 weeks, in comparison to a change of 0.07465422 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 -13.00%, while the 200-Day Moving Average is calculated to be -0.82%.
Shares Statistics:
According to the various share statistics, TE traded on average about 2.43M shares per day over the past 3-months and 1345820 shares per day over the past 10 days. A total of 140.49M shares are outstanding, with a floating share count of 106.98M. Insiders hold about 23.85% of the company’s shares, while institutions hold 43.91% stake in the company. Shares short for TE as of 1740700800 were 12769161 with a Short Ratio of 5.25, compared to 1738281600 on 12266277. Therefore, it implies a Short% of Shares Outstanding of 12769161 and a Short% of Float of 9.94.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
