As of Friday close, Terran Orbital Corporation’s (NYSE:LLAP) stock was down -$0.3, moving down -14.63 percent to $1.75. The average number of shares traded per day over the past five days has been 3,231,420 shares. 2 times new highs have been achieved over the past 5 days, with a -$0.36 fall in that time frame. In the last twenty days, the average volume was 16,719,881, while in the previous 50 days, it was 7,064,696.
Since last month, LLAP stock retreated -9.79%. Shares of the company fell to $1.69 on 02/21/23, the lowest level in the past month. A 52-week high of $12.69 was reached on 02/22/23 after having rallying from a 52-week low of $1.29. Since the beginning of this year, LLAP’s stock price has risen by 10.76% or $0.17, and marked a new high 8 times. However, the stock has declined by -86.21% since its 52-week high.
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Sponsored
LLAP stock investors should be aware that Terran Orbital Corporation (LLAP) stock had its last reported insider trading activity 19 days ago on Feb 27. Beach Point Capital Management, the 10% Owner of the company, disposed of 627,200 shares for $3.02 on Feb 27. It resulted in a $1,894,144 divestment by the insider. Beach Point Capital Management sold 172,800 shares at an average price of $3.02 on Feb 27. The insider now owns 628,709 shares following the transaction. On Feb 23, 10% Owner Beach Point Capital Management sold 665,957 shares at $3.07 apiece. The transaction was valued at $2,044,488.
Financial Health
In the recent quarter, Terran Orbital Corporation’s quick ratio stood at 0.80, while its current ratio was 1.00, showing that the company is not able to pay off its debt.
According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. LLAP’s revenue rose 100.0% to $21.36 million during the quarter, while net income inched up to $27.83 million. During the quarter, the company generated -$23.44 million in EBITDA. The liabilities of Terran Orbital Corporation were 218.12 million at the end of its most recent quarter, and its total debt was $127.58 million. The value of shareholders’ equity is $142.38 million.
Technical Picture
This quick technical analysis looks at Terran Orbital Corporation’s (LLAP) price momentum. With a historical volatility rate of 125.07%, the RSI 9-day stood at 34.38% on 17 March.
With respect to its five-day moving average, the current Terran Orbital Corporation price is down by -17.06% percent or -$0.36. At present, LLAP shares trade -5.91% below its 20-day simple moving average and -33.21% percent below its 100-day simple moving average. However, the stock is currently trading approximately +19.86% above its SMA50 and -66.28% below its SMA200.
Stochastic coefficient K was 5.22% and Stochastic coefficient D was 7.59%, while ATR was 0.26. Given the Stochastic reading of 0.78% for the 14-day period, the RSI (14) reading has been calculated as 39.79%. As of today, the MACD Oscillator reading stands at -0.14, while the 14-day reading stands at -0.28.
Analyst Ratings
B. Riley Securities launched its rating on Terran Orbital Corporation (NYSE: LLAP) to a Buy in a note to investors on September 12, 2022. Terran Orbital Corporation (LLAP) has been rated Buy by analysts. According to 0 brokerage firms, LLAP is a sell, and 0 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate Terran Orbital Corporation stock as buy, with 7 recommending it as overweight.
With a median target price of $10.00, the current consensus forecast for the stock is $6.00 – $15.00. Based on these forecasts, analysts predict Terran Orbital Corporation (LLAP) will achieve an average price target of $9.71.