Tellurian Inc. (AMEX:TELL) finished Thursday with a subtraction of -$0.34 to close at $2.77, a downside of -10.93 percent. An average of 38,617,438 shares of common stock have been traded in the last five days. There was a fall of -$1.09 in the past week, and it reached a new high 12 times over the past 12 months. The last 20 days have seen an average of 22,897,455 shares traded, while the 50-day average volume stands at 17,415,172.
TELL stock has decreased by -39.78% in the last month. The company shares reached their 1-month lowest point of $2.75 on 09/21/22. With the stock rallying to its 52-week high on 04/01/22, shares of the company touched a low of $2.23 and a high of $6.53 in 52 weeks. It has reached a new high 12 times so far this year and lost -10.06% or -$0.31 in price. In spite of this, the price is down -57.61% from the 52-week high.
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Tellurian Inc. (TELL) stock’s beta is 2.15. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 6.27, the price-to-book (PB) ratio at 2.27.
The quick ratio of Tellurian Inc. for the three months ended June 29 was 3.70, and the current ratio was 3.70, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.66 and a total debt to equity ratio of 0.91 for the quarter ending June 29. Its gross profit as reported stood at $34.84 million compared to revenue of $71.28 million.
For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Tellurian Inc.’s return on assets was -15.60%.
For the three-month period that ended June 29, Tellurian Inc. had $381.07 million in total debt. In the quarter under review, the net income was down than the previous quarter. The company posted a net income of $40000.0 in the quarter, while revenues of -$66.61 million were shrunk -76400.0%. The analyst consensus anticipated Tellurian Inc.’s latest quarter earnings to come in at -$0.02 per share, but it turned out to be $0, a 100.00% surprise. For the quarter, EBITDA amounted to $14.72 million. Shareholders own equity worth $568.62 million.
From a technical analysis perspective, let’s take a brief look at Tellurian Inc. (TELL) price momentum. RSI 9-day as of the close on 22 September was 25.57%, suggesting the stock is oversold, with historical volatility in this time frame at 139.77%.
As of today, TELL’s price is $3.34 -28.24% or -$1.09 from its 5-day moving average. TELL is currently trading -40.30% lower than its 20-day SMA and -44.38% lower than its 100-day SMA. However, the stock’s current price level is -11.50% below the SMA50 and -16.31% below the SMA200.
The stochastic %K and %D were 8.87% and 16.31%, respectively, and the average true range (ATR) was 0.41. With the 14-day stochastic at 1.05% and the average true range at 0.38, the RSI (14) stands at 32.04%. The stock has reached -0.71 on the 9-day MACD Oscillator while the 14-day reading was at -0.95.
BofA Securities upgraded Tellurian Inc. (AMEX: TELL) to a a Buy rating in its most recent analyst report. Previously, the stock was rated as a Neutral.