Look Past The Setbacks And Give Terran Orbital Corp (NYSE: LLAP) Another Chance

Terran Orbital Corp (NYSE:LLAP) currently has a daily average trading volume of 6.30M but it saw 3759399 shares traded in last market. With a market cap of 49.49M USD, the company’s current market price of $0.24 came falling about -1.22 while comparing to the previous closing price of $0.25. In past 52 weeks, the stock remained buoying in the range of price level as high as $1.62 and as low as $0.23. In the recent trading on the day, stock has struck highest price mark of $0.2421 while lowest mark touched by it was $0.2512.

Taking a look at 20-day trading activity of Terran Orbital Corp (LLAP) gives us an average price of $0.2530, while its current price level is -85.01% below from 52-week high level whereas it is 6.18% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $0.5098 while that of 200 days or SMA-200 reads an average of $0.8948. A closer look into the stock’s movement over the week reveals that its volatility is standing at 8.15% during that period while stretching the period over a month that decreases to 6.25%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 28.41 which implies that the stock is in oversold territory.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the H.C. Wainwright which downgraded the stock as “Neutral” in its note to investors issued on August 19, 2024, recommending a price target of between $3 and $0.25 for it. B. Riley Securities downgraded its recommendation for the stock as a “Neutral” from “Buy” on January 08, 2024 while assigning a price target range of $2.50-$1.35. H.C. Wainwright issued its recommendations for the stock as it initiated the price target for the stock is $5.

Over the week, LLAP’s stock price is moving -5.02% down while it is -13.54% when we observe its performance for the past one month. Year-to-date it is -78.76% down and over the past year, the stock is showing a downside performance of -82.95%.

Currently, Terran Orbital Corp’s total number of outstanding shares is 199.41M. Stock’s beta reads 1.94. Stock has a price to sale or P/S ratio amounts to 0.37. Its return on asset (ROA) is -90.80% on average.