Daily High to Daily Low: Is It Safe to Buy Tengasco Inc. (TGC)?

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Tengasco Inc. (AMEX:TGC) went down by -33.24% from its latest closing price compared to the recent 1-year high of $6.60. The company’s stock price has collected -40.19% of loss in the last five trading sessions. Press Release reported on 02/26/21 that Tengasco, Inc. Completes Merger with Riley Exploration – Permian, LLC

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Is It Worth Investing in Tengasco Inc. (AMEX :TGC) Right Now?

Plus, the 36-month beta value for TGC is at 1.56. Opinions of the stock are interesting as 1 analysts out of 1 who provided ratings for Tengasco Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 0 rated it as “hold,” and 0 as “sell.”

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The average price from analysts is $140.00. TGC currently public float of 10.47M and currently shorts hold a 4.57% ratio of that float. Today, the average trading volume of TGC was 2.74M shares.

TGC’s Market Performance

TGC stocks went down by -40.19% for the week, with a monthly jump of 59.35% and a quarterly performance of 92.97%, while its annual performance rate touched 327.97%. The volatility ratio for the week stands at 28.99% while the volatility levels for the past 30 days are set at 41.89% for Tengasco Inc.. The simple moving average for the period of the last 20 days is -26.14% for TGC stocks with a simple moving average of 116.35% for the last 200 days.

TGC Trading at 14.58% from the 50-Day Moving Average

After a stumble in the market that brought TGC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -62.58% of loss for the given period.

Volatility was left at 41.89%, however, over the last 30 days, the volatility rate increased by 28.99%, as shares sank -40.05% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +121.52% upper at present.

During the last 5 trading sessions, TGC fell by -40.19%, which changed the moving average for the period of 200-days by +377.48% in comparison to the 20-day moving average, which settled at $3.26. In addition, Tengasco Inc. saw 99.19% in overturn over a single year, with a tendency to cut further gains.

Stock Fundamentals for TGC

Current profitability levels for the company are sitting at:

  • -10.28 for the present operating margin
  • +16.23 for the gross margin

The net margin for Tengasco Inc. stands at -8.88. The total capital return value is set at -7.55, while invested capital returns managed to touch -6.59. Equity return is now at value -37.60, with -25.40 for asset returns.

Based on Tengasco Inc. (TGC), the company’s capital structure generated 2.25 points at debt to equity in total, while total debt to capital is 2.20. Total debt to assets is 1.60, with long-term debt to equity ratio resting at 0.65. Finally, the long-term debt to capital ratio is 0.63.

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When we switch over and look at the enterprise to sales, we see a ratio of 0.47, with the company’s debt to enterprise value settled at 0.06. The receivables turnover for the company is 9.01 and the total asset turnover is 0.53. The liquidity ratio also appears to be rather interesting for investors as it stands at 7.01.

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