Those determined to outshine the market strategically focus on the selection of individual stocks. Well-chosen stocks have the potential to substantially boost your wealth.
As of close of business last night, T1 Energy Inc’s stock clocked out at $1.40, up 1.45% from its previous closing price of $1.38. In other words, the price has increased by $1.45 from its previous closing price. On the day, 0.65 million shares were traded.
Ratios:
To gain a deeper understanding of TE’s stock, we examine its different ratios. 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:
Investing in insider trades can also provide an investor with insight into how management views future 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.
Stock Price History:
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 -32.66%, while the 200-Day Moving Average is calculated to be -17.31%.
Shares Statistics:
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.
