In the quest to outshine the broader market, stock pickers diligently seek out stocks with the potential for superior performance. Making the right choices can significantly elevate your wealth.
In the latest session, Tellurian Inc (AMEX: TELL) closed at $0.50 up 28.11% from its previous closing price of $0.39. In other words, the price has increased by $28.11 from its previous closing price. On the day, 34.57 million shares were traded. TELL stock price reached its highest trading level at $0.4954 during the session, while it also had its lowest trading level at $0.3909.
Ratios:
For a deeper understanding of Tellurian Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.66 and its Current Ratio is at 0.66. In the meantime, Its Debt-to-Equity ratio is 0.80 whereas as Long-Term Debt/Eq ratio is at 0.79.
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, BofA Securities on February 14, 2023, Downgraded its rating to Underperform and sets its target price to $1.50 from $4 previously.
On August 09, 2022, BofA Securities Upgraded its rating to Buy which previously was Neutral and also lowered its target price recommendation from $6.50 to $4.50.
Evercore ISI Downgraded its Outperform to In-line on August 02, 2022, whereas the target price for the stock was revised from $7.50 to $4.50.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Dec 15 ’23 when GROSS JONATHAN S bought 120,000 shares for $0.67 per share. The transaction valued at 80,400 led to the insider holds 460,000 shares of the business.
GROSS JONATHAN S bought 100,000 shares of TELL for $61,000 on Nov 07 ’23. The Director now owns 340,000 shares after completing the transaction at $0.61 per share. On Jun 30 ’23, another insider, GROSS JONATHAN S, who serves as the Director of the company, bought 100,000 shares for $1.38 each. As a result, the insider paid 138,000 and bolstered with 240,000 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, TELL now has a Market Capitalization of 387597504 and an Enterprise Value of 804977728. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.33 while its Price-to-Book (P/B) ratio in mrq is 0.56. Its current Enterprise Value per Revenue stands at 4.846 whereas that against EBITDA is -16.024.
Stock Price History:
Over the past 52 weeks, TELL has reached a high of $1.75, while it has fallen to a 52-week low of $0.36. The 50-Day Moving Average of the stock is -26.89%, while the 200-Day Moving Average is calculated to be -44.21%.
Shares Statistics:
For the past three months, TELL has traded an average of 39.45M shares per day and 33192560 over the past ten days. A total of 782.39M shares are outstanding, with a floating share count of 706.06M. Insiders hold about 9.76% of the company’s shares, while institutions hold 33.65% stake in the company. Shares short for TELL as of 1711584000 were 148904922 with a Short Ratio of 3.77, compared to 1709164800 on 124491208. Therefore, it implies a Short% of Shares Outstanding of 148904922 and a Short% of Float of 19.75.
Earnings Estimates
As of right now, TSLL analysts gave their recommendation on the stock of the company. The consensus estimate for the next quarter is $39.86, with high estimates of $114.87 and low estimates of $0.50.
