Telos Corporation (NASDAQ:TLS) finished Friday with an addition of $0.05 to close at $5.09, an upside of 0.99 percent. An average of 468,700 shares of common stock have been traded in the last five days. There was a gain of $0.21 in the past week, and it reached a new high 2 times over the past 12 months. The last 20 days have seen an average of 872,940 shares traded, while the 50-day average volume stands at 1,220,440.
TLS stock has increased by 24.15% in the last month. The company shares reached their 1-month lowest point of $3.97 on 12/06/22. With the stock rallying to its 52-week high on 01/03/22, shares of the company touched a low of $3.35 and a high of $16.15 in 52 weeks. It has reached a new high 1 time so far this year and lost -66.99% or -$10.33 in price. In spite of this, the price is down -68.48% from the 52-week high.
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Telos Corporation (TLS) has a trailing price-to-sales (P/S) ratio at 1.47, the price-to-book (PB) ratio at 1.94, and the price-to-cash flow ratio at 22.41.
The quick ratio of Telos Corporation for the three months ended June 29 was 3.20, and the current ratio was 3.30, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.07 and a total debt to equity ratio of 0.08 for the quarter ending June 29. Its gross profit as reported stood at $86.03 million compared to revenue of $242.43 million.
In the quarter under review, the net income was up than the previous quarter. The company posted a net income of -$7.34 million in the quarter, while revenues of -$12.29 million were grew 26.57%. The analyst consensus anticipated Telos Corporation’s latest quarter earnings to come in at $0.02 per share, but it turned out to be $0.04, a 100.00% surprise. For the quarter, EBITDA amounted to -$6.15 million. Shareholders own equity worth $67.21 million.
From a technical analysis perspective, let’s take a brief look at Telos Corporation (TLS) price momentum. RSI 9-day as of the close on 30 December was 59.19%, suggesting the stock is Neutral, with historical volatility in this time frame at 80.49%.
As of today, TLS’s price is $4.95 +4.30% or $0.21 from its 5-day moving average. TLS is currently trading +18.93% higher than its 20-day SMA and -42.03% lower than its 100-day SMA. However, the stock’s current price level is -39.11% below the SMA50 and -44.13% below the SMA200.
The stochastic %K and %D were 65.84% and 63.13%, respectively, and the average true range (ATR) was 0.36. With the 14-day stochastic at 71.15% and the average true range at 0.39, the RSI (14) stands at 51.00%. The stock has reached 0.08 on the 9-day MACD Oscillator while the 14-day reading was at 0.12.
B. Riley Securities downgraded Telos Corporation (NASDAQ: TLS) to a a Neutral rating in its most recent analyst report. Previously, the stock was rated as a Buy. The consensus rating for Telos Corporation (TLS) among analysts is Overweight. According to current brokerage recommendations, 0 brokerage firms advise that investors sell TLS, while 4 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 2 others rate it as a “buy”.
What is TLS’s price target for the next 12 months?
Analysts predict a range of price targets between $4.00 and $8.00, with a median target of $5.00. Taking a look at these predictions, the average price target given by analysts for Telos Corporation (TLS) stock is $5.20.