Tellurian Inc (AMEX:TELL) does about 36.47M shares in volume on a normal day but saw 65286067 shares change hands in Monday trading. The company now has a market cap of 729.86M USD. Its current market price is $0.87, marking an increase of 16.62% compared to the previous close of $0.75. The 52 week high reached by this stock is $1.75 whilst the lowest price level in 52 weeks is $0.36.
Tellurian Inc (TELL) has a 20-day trading average at $0.5636 and the current price is -50.27% off the 52-week high compared with 145.72% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.5111 and its 200-day simple moving average is $0.7121. If we look at the stock’s price movements over the week, volatility stands at 20.07%, which decreases to 13.12% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 76.55 to suggest the stock is overbought.
The consensus objective for the share price is $1.61, suggesting that the stock has a potential upside of 45.96% over the period.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on February 14, 2023 when BofA Securities downgraded the stock to “Underperform” and issued a price target of between $4 and $1.50. BofA Securities upgraded the stock to “Buy” from Neutral on August 09, 2022 at a price target of $6.50-$4.50. Evercore ISI downgraded its price target at $7.50-$4.50.
Tellurian Inc (TELL) stock is up 77.76% over the week and 100.87% over the past month. Its price is 15.51% year-to-date and -31.81% over the past year.
To reach the target analysts have set, the stock logically needs to grow 45.96 percent from here.
The company has a return on investment of -16.72% and return on equity of -28.30%. The beta has a value of 2.52. Price to book ratio is 1.08 and price to sales ratio is 5.19.
