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 $1.5 in the last session, up 7.14% from day before closing price of $1.4. In other words, the price has increased by $7.14 from its previous closing price. On the day, 1.08 million shares were traded. TE stock price reached its highest trading level at $1.5 during the session, while it also had its lowest trading level at $1.3905.
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 0.26 and its Current Ratio is at 1.27. In the meantime, Its Debt-to-Equity ratio is 3.00 whereas as Long-Term Debt/Eq ratio is at 2.50.
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 233907008 and an Enterprise Value of 946367872. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.46 while its Price-to-Book (P/B) ratio in mrq is 1.16. Its current Enterprise Value per Revenue stands at 14.002 whereas that against EBITDA is -21.292.
Stock Price History:
The Beta on a monthly basis for TE is 1.27, which has changed by -0.044586003 over the last 52 weeks, in comparison to a change of 0.10500872 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 17.78%, while the 200-Day Moving Average is calculated to be -3.22%.
Shares Statistics:
According to the various share statistics, TE traded on average about 1.73M shares per day over the past 3-months and 1523500 shares per day over the past 10 days. A total of 155.94M shares are outstanding, with a floating share count of 126.27M. Insiders hold about 19.03% of the company’s shares, while institutions hold 43.29% stake in the company. Shares short for TE as of 1749772800 were 11291723 with a Short Ratio of 6.53, compared to 1747267200 on 13244487. Therefore, it implies a Short% of Shares Outstanding of 11291723 and a Short% of Float of 8.48.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
