In yesterday’s Wall Street session, Tellurian Inc (AMEX:TELL) shares traded at $0.94, up 1.35% from the previous session.
TELL stock price is now 8.99% away from the 50-day moving average and 36.38% away from the 200-day moving average. The market capitalization of the company currently stands at $835.87M.
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With the price target reduced from $4 to $1.50, BofA Securities Downgraded its rating from Buy to Underperform for Tellurian Inc (AMEX: TELL). On August 09, 2022, BofA Securities Upgraded its previous ‘Neutral’ rating to ‘Buy’ on the stock reducing its target price from $6.50 to quote $4.50, while ‘Evercore ISI’ rates the stock as ‘In-line’
In other news, KESSLER DIANA DERYCZ, Director sold 1,000,000 shares of the company’s stock on Jul 24 ’24. The stock was sold for $948,700 at an average price of $0.95. Upon completion of the transaction, the Director now directly owns 1,050,000 shares in the company, valued at $0.99 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 15 ’23, Director GROSS JONATHAN S bought 120,000 shares of the business’s stock. A total of $80,400 was incurred on buying the stock at an average price of $0.67. This leaves the insider owning 460,000 shares of the company worth $0.43 million. A total of 8.29% of the company’s stock is owned by insiders.
During the past 12 months, Tellurian Inc has had a low of $0.36 and a high of $1.30. As of last week, the company has a debt-to-equity ratio of 0.48, a current ratio of 0.27, and a quick ratio of 0.27. The fifty day moving average price for TELL is $0.864 and a two-hundred day moving average price translates $0.6878 for the stock.
The latest earnings results from Tellurian Inc (AMEX: TELL) was released for 2024-06-30. The net profit margin was -241.88% and return on equity was -27.99% for TELL.
