As of Thursday close, Tellurian Inc.’s (AMEX:TELL) stock traded at $1.28. The average number of shares traded per day over the past five days has been 8,240,200 shares. 1 time new highs have been achieved over the past 5 days, with a -$0.2000 fall in that time frame. In the last twenty days, the average volume was 7,968,210, while in the previous 50 days, it was 9,460,884.
Since last month, TELL stock retreated -22.89%. Shares of the company fell to $1.2150 on 08/17/23, the lowest level in the past month. A 52-week high of $4.89 was reached on 01/13/23 after having rallying from a 52-week low of $0.94. Since the beginning of this year, TELL’s stock price has dropped by -23.81% or -$0.4000, and marked a new high 7 times. However, the stock has declined by -73.82% since its 52-week high.
TELL stock investors should be aware that Tellurian Inc. (TELL) stock had its last reported insider trading activity 49 days ago on Jun 30. GROSS JONATHAN S, the Director of the company, purchased of 100,000 shares for $1.38 on Jun 30. It resulted in a $138,000 investment by the insider. SOUKI CHARIF sold 195,220 shares at an average price of $1.21 on Apr 05. The insider now owns 1,659,639 shares following the transaction. On Apr 04, Executive Chairman SOUKI CHARIF sold 187,257 shares at $1.26 apiece. The transaction was valued at $235,944.
Valuation Metrics
The stock’s beta is 2.33. Besides these, the trailing price-to-sales (P/S) ratio of 2.47, the price-to-book (PB) ratio of 1.15.
Financial Health
In the three months ended June 29, Tellurian Inc.’s quick ratio stood at 1.00, while its current ratio was 1.00, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 0.84, and the total debt-to-equity ratio was 0.84. On the profitability front, the trailing twelve-month gross margin is 82.50% percent. In the year ended June 29, EBITDA margin amounted to 6.94%, whereas operating margins totaled -25.70%. Based on annual data, TELL earned $260.26 million in gross profit and brought in $391.93 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 -1.40%. Return on equity (ROE) for the past 12 months was -11.00%.
In Tellurian Inc.’s quarter-end financial report for June 29, it reported total debt of $383.57 million. According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. TELL’s revenue fell -91.78% to $50.94 million during the quarter, while net income inched up to $31.99 million. While analysts expected Tellurian Inc. to report -$0.06 quarterly earnings, the actual figure was -$0.11 per share, beating the consensus estimate by -83.30%. During the quarter, the company generated -$30.98 million in EBITDA. The liabilities of Tellurian Inc. were 660.88 million at the end of its most recent quarter ended June 29, and its total debt was $522.47 million. The value of shareholders’ equity is $581.82 million.
Technical Picture
This quick technical analysis looks at Tellurian Inc.’s (TELL) price momentum. With a historical volatility rate of 31.95%, the RSI 9-day stood at 26.45% on 17 August.
With respect to its five-day moving average, the current Tellurian Inc. price is down by -13.51% percent or -$0.2000. At present, TELL shares trade -19.50% below its 20-day simple moving average and +21.90% percent above its 100-day simple moving average. However, the stock is currently trading approximately +3.23% above its SMA50 and -50.58% below its SMA200.
Stochastic coefficient K was 14.41% and Stochastic coefficient D was 18.08%, while ATR was 0.0992. Given the Stochastic reading of 12.87% for the 14-day period, the RSI (14) reading has been calculated as 35.43%. As of today, the MACD Oscillator reading stands at -0.1356, while the 14-day reading stands at -0.2221.
Analyst Ratings
Tellurian Inc. downgraded its rating on Tellurian Inc. (AMEX: TELL) to an Underperform in a note to investors on February 14, 2023. The analysts firm previously had a Buy rating on the stock.Tellurian Inc. (TELL) has been rated Overweight by analysts. According to 1 brokerage firm, TELL is a sell, and 2 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate Tellurian Inc. stock as buy, with 3 recommending it as overweight.
With a median target price of $2.50, the current consensus forecast for the stock is $0.90 – $5.00. Based on these forecasts, analysts predict Tellurian Inc. (TELL) will achieve an average price target of $2.58.
