Tellurian Inc (AMEX: TELL) is 23.31% higher on its value in year-to-date trading and has touched a low of $0.36 and a high of $1.32 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The TELL stock was last observed hovering at around $0.94 in the last trading session, with the day’s loss setting it -0.01%.
Currently trading at $0.93, the stock is 1.53% and 12.67% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 35.66 million and changing -0.35% at the moment leaves the stock 38.72% off its SMA200. TELL registered -18.27% loss for a year compared to 6-month gain of 6.83%.
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The stock witnessed a 3.51% loss in the last 1 month and extending the period to 3 months gives it a 43.34%, and is 1.01% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.40% over the week and 1.92% over the month.
Tellurian Inc (TELL) has around 168 employees, a market worth around $832.83M and $108.68M in sales. Profit margin for the company is -241.88%. Distance from 52-week low is 162.30% and -29.42% from its 52-week high. The company has generated returns on investments over the last 12 months (-34.07%).
The EPS is expected to grow by 36.21% this year
302.0 institutions hold shares in Tellurian Inc (TELL), with institutional investors hold 38.01% of the company’s shares. The shares outstanding are 893.88M, and float is at 819.90M with Short Float at 12.42%. Institutions hold 36.84% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 49.74 million shares valued at $34.45 million. The investor’s holdings represent 6.5949 of the TELL Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 20.97 million shares valued at $14.52 million to account for 2.7803 of the shares outstanding. The other top investors are HUDSON BAY CAPITAL MANAGEMENT LP which holds 16.77 million shares representing 2.2232 and valued at over $11.61 million, while STATE STREET CORP holds 2.0519 of the shares totaling 15.48 million with a market value of $10.72 million.
Tellurian Inc (TELL) Insider Activity
The most recent transaction is an insider sale by KESSLER DIANA DERYCZ, the company’s Director. SEC filings show that KESSLER DIANA DERYCZ sold 1,000,000 shares of the company’s common stock on Jul 24 ’24 at a price of $0.95 per share for a total of $0.95 million. Following the sale, the insider now owns 1.05 million shares.
Tellurian Inc disclosed in a document filed with the SEC on Dec 15 ’23 that GROSS JONATHAN S (Director) bought a total of 120,000 shares of the company’s common stock. The trade occurred on Dec 15 ’23 and was made at $0.67 per share for $80400.0. Following the transaction, the insider now directly holds 0.46 million shares of the TELL stock.
Still, SEC filings show that on Nov 07 ’23, GROSS JONATHAN S (Director) acquired 100,000 shares at an average price of $0.61 for $61000.0. The insider now directly holds 340,000 shares of Tellurian Inc (TELL).
