Tellurian Inc (AMEX: TELL) has seen a decline in its stock price by -0.98 in relation to its previous close of 0.43. However, the company has experienced a -13.10% decline in its stock price over the last five trading sessions. The Motley Fool reported 2024-05-06 that Tellurian could be close to selling its upstream production business. The LNG project developer could also soon secure another commercial contract for Driftwood.
Is It Worth Investing in Tellurian Inc (AMEX: TELL) Right Now?
TELL has 36-month beta value of 2.45. Analysts have mixed views on the stock, with 2 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for TELL is 754.64M, and currently, short sellers hold a 22.24% ratio of that float. The average trading volume of TELL on May 07, 2024 was 39.71M shares.
TELL’s Market Performance
The stock of Tellurian Inc (TELL) has seen a -13.10% decrease in the past week, with a -24.21% drop in the past month, and a 18.24% gain in the past quarter. The volatility ratio for the week is 11.86%, and the volatility levels for the past 30 days are at 11.81% for TELL. The simple moving average for the past 20 days is -7.61% for TELL’s stock, with a -48.78% simple moving average for the past 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 -31.38% 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 -75.74% of loss for the given period.
Volatility was left at 11.81%, however, over the last 30 days, the volatility rate increased by 11.86%, as shares sank -21.81% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -42.47% lower at present.
During the last 5 trading sessions, TELL fell by -13.10%, which changed the moving average for the period of 200-days by -73.22% in comparison to the 20-day moving average, which settled at $0.4549. In addition, Tellurian Inc saw -43.65% 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:
- -1.03 for the present operating margin
- 0.21 for the gross margin
The net margin for Tellurian Inc stands at -1.3. The total capital return value is set at -0.13. Equity return is now at value -28.30, with -14.42 for asset returns.
Based on Tellurian Inc (TELL), the company’s capital structure generated 0.35 points at debt to capital in total, while cash flow to debt ratio is standing at -0.03. The debt to equity ratio resting at 0.54. The interest coverage ratio of the stock is -14.9.
Currently, EBITDA for the company is -16.75 million with net debt to EBITDA at -16.21. When we switch over and look at the enterprise to sales, we see a ratio of 5.55. The receivables turnover for the company is 7.83for trailing twelve months and the total asset turnover is 0.11. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.46.
Conclusion
To put it simply, Tellurian Inc (TELL) has had a bad performance in recent times. Analysts have a bullish opinion on the stock, with some rating 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.
