Tellurian Inc (AMEX: TELL)’s stock price has increased by 28.11 compared to its previous closing price of 0.39. However, the company has seen a -1.00% decrease in its stock price over the last five trading sessions. InvestorPlace reported 2024-04-16 that Energy stocks have been sizzling over the past few months. That comes as oil prices have surged amid rising inflation and worsening geopolitical concerns.
Is It Worth Investing in Tellurian Inc (AMEX: TELL) Right Now?
The 36-month beta value for TELL is also noteworthy at 2.48. There are mixed opinions on the stock, with 2 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for TELL is 706.06M, and at present, short sellers hold a 21.09% of that float. The average trading volume of TELL on April 22, 2024 was 39.45M shares.
TELL’s Market Performance
TELL’s stock has seen a -1.00% decrease for the week, with a -20.48% drop in the past month and a -9.93% fall in the past quarter. The volatility ratio for the week is 14.93%, and the volatility levels for the past 30 days are at 12.38% for Tellurian Inc The simple moving average for the last 20 days is -8.17% for TELL stock, with a simple moving average of -44.21% for the last 200 days.
Analysts’ Opinion of TELL
Many brokerage firms have already submitted their reports for TELL stocks, with BofA Securities repeating the rating for TELL by listing it as a “Underperform.” The predicted price for TELL in the upcoming period, according to BofA Securities is $1.50 based on the research report published on February 14, 2023 of the previous year 2023.
BofA Securities, on the other hand, stated in their research note that they expect to see TELL reach a price target of $4.50, previously predicting the price at $6.50. The rating they have provided for TELL stocks is “Buy” according to the report published on August 09th, 2022.
Evercore ISI gave a rating of “In-line” to TELL, setting the target price at $4.50 in the report published on August 02nd of the previous year.
TELL Trading at -26.89% from the 50-Day Moving Average
After a stumble in the market that brought TELL to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -71.77% of loss for the given period.
Volatility was left at 12.38%, however, over the last 30 days, the volatility rate increased by 14.93%, as shares sank -22.88% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +0.67% upper at present.
During the last 5 trading sessions, TELL fell by -1.00%, which changed the moving average for the period of 200-days by -63.30% in comparison to the 20-day moving average, which settled at $0.5321. In addition, Tellurian Inc saw -34.44% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at TELL starting from GROSS JONATHAN S, who purchase 120,000 shares at the price of $0.67 back on Dec 15 ’23. After this action, GROSS JONATHAN S now owns 460,000 shares of Tellurian Inc, valued at $80,400 using the latest closing price.
GROSS JONATHAN S, the Director of Tellurian Inc, purchase 100,000 shares at $0.61 during a trade that took place back on Nov 07 ’23, which means that GROSS JONATHAN S is holding 340,000 shares at $61,000 based on the most recent closing price.
Stock Fundamentals for TELL
Current profitability levels for the company are sitting at:
- -0.89 for the present operating margin
- 0.41 for the gross margin
The net margin for Tellurian Inc stands at -1.0. The total capital return value is set at -0.13. Equity return is now at value -25.62, with -12.08 for asset returns.
Based on Tellurian Inc (TELL), the company’s capital structure generated 0.44 points at debt to capital in total, while cash flow to debt ratio is standing at -0.02. The debt to equity ratio resting at 0.78. The interest coverage ratio of the stock is -8.24.
Currently, EBITDA for the company is -16.75 million with net debt to EBITDA at -24.58. When we switch over and look at the enterprise to sales, we see a ratio of 4.81. The receivables turnover for the company is 6.44for trailing twelve months and the total asset turnover is 0.13. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.66.
Conclusion
In summary, Tellurian Inc (TELL) has had a bad performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
