At the last check on Thursday, Terran Orbital Corporation’s (NYSE:LLAP) stock was down -$0.03, moving down -2.73 percent to $1.25. The average number of shares traded per day over the past five days has been 3,175,607 shares. 3 times new highs have been achieved over the past 5 days, with a $0.0600 gain in that time frame. In the last twenty days, the average volume was 2,197,537, while in the previous 50 days, it was 2,568,645.
Since last month, LLAP stock retreated -23.62%. Shares of the company fell to $1.0801 on 08/15/23, the lowest level in the past month. A 52-week high of $4.68 was reached on 02/22/23 after having rallying from a 52-week low of $1.08. Since the beginning of this year, LLAP’s stock price has dropped by -21.20% or -$0.3500, and marked a new high 8 times. However, the stock has declined by -73.40% since its 52-week high.
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LLAP stock investors should be aware that Terran Orbital Corporation (LLAP) stock had its last reported insider trading activity 55 days ago on Jun 23. Siegmann Jonathan, the SVP, Corporate Development of the company, purchased of 20,000 shares for $1.27 on Jun 23. It resulted in a $25,400 investment by the insider. Beach Point Capital Management sold 627,200 shares at an average price of $3.02 on Feb 27. The insider now owns 779,514 shares following the transaction. On Feb 27, 10% Owner Beach Point Capital Management sold 172,800 shares at $3.02 apiece. The transaction was valued at $521,856.
Financial Health
In the three months ended June 29, Terran Orbital Corporation’s quick ratio stood at 1.00, while its current ratio was 1.40, showing that the company is able to pay off its debt. On the profitability front, the trailing twelve-month gross margin is -14.50% percent. Based on annual data, LLAP earned -$17.26 million in gross profit and brought in $94.24 million in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was -299.00%. Return on equity (ROE) for the past 12 months was 169.60%.
In Terran Orbital Corporation’s quarter-end financial report for June 29, it reported total debt of $157.52 million. 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 $28.2 million during the quarter, while net income inched up to $31.8 million. While analysts expected Terran Orbital Corporation to report -$0.21 quarterly earnings, the actual figure was -$0.18 per share, beating the consensus estimate by 14.30%. During the quarter, the company generated -$25.84 million in EBITDA. The liabilities of Terran Orbital Corporation were 284.68 million at the end of its most recent quarter ended June 29. The value of shareholders’ equity is $172.38 million.
Technical Picture
This quick technical analysis looks at Terran Orbital Corporation’s (LLAP) price momentum. With a historical volatility rate of 71.98%, the RSI 9-day stood at 38.60% on 16 August.
With respect to its five-day moving average, the current Terran Orbital Corporation price is up by +5.13% percent or $0.0600. At present, LLAP shares trade -22.64% below its 20-day simple moving average and -22.64% percent below its 100-day simple moving average. However, the stock is currently trading approximately -3.15% below its SMA50 and -51.95% below its SMA200.
Stochastic coefficient K was 37.03% and Stochastic coefficient D was 31.00%, while ATR was 0.1169. Given the Stochastic reading of 27.76% for the 14-day period, the RSI (14) reading has been calculated as 39.65%. As of today, the MACD Oscillator reading stands at 0.0356, while the 14-day reading stands at -0.0250.
Analyst Ratings
H.C. Wainwright launched its rating on Terran Orbital Corporation (NYSE: LLAP) to a Buy in a note to investors on July 28, 2023. 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 1 analyst who say the stock is underweight. A total of 0 analysts rate Terran Orbital Corporation stock as buy, with 6 recommending it as overweight.
With a median target price of $5.00, the current consensus forecast for the stock is $1.35 – $12.00. Based on these forecasts, analysts predict Terran Orbital Corporation (LLAP) will achieve an average price target of $5.76.
