Do TransAtlantic Petroleum Ltd. (TAT) beta value of 1.24 signposts another twist?

Let’s start up with the current stock price of TransAtlantic Petroleum Ltd. (TAT), which is $0.23 to be very precise. The Stock rose vividly during the last session to $0.23 after opening rate of $0.22 while the lowest price it went was recorded $0.22 before closing at $0.22.

Recently in News on September 14, 2020, TransAtlantic Petroleum Announces Final Results of Voting at Special Meeting of Holders of Series A Preferred Shares. TransAtlantic Petroleum Ltd. (TSX: TNP) (NYSE American: TAT) (the “Company” or “TransAtlantic”) held a special meeting (the “Special Meeting”) of the holders of the Company’s 12.0% Series A convertible redeemable preferred shares (the “Series A Preferred Shares”) on September 10, 2020. You can read further details here

TransAtlantic Petroleum Ltd. had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $0.8400 on 07/22/20, with the lowest value was $0.1200 for the same time period, recorded on 03/13/20.

TransAtlantic Petroleum Ltd. (TAT) full year performance was -68.13%

Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, TransAtlantic Petroleum Ltd. shares are logging -72.61% during the 52-week period from high price, and 91.75% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $0.12 and $0.84.

The company’s shares, operating in the sector of Energy managed to top a trading volume set approximately around 838568 for the day, which was evidently lower, when compared to the average daily volumes of the shares.

When it comes to the year-to-date metrics, the TransAtlantic Petroleum Ltd. (TAT) recorded performance in the market was -54.99%, having the revenues showcasing -29.78% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 15.04M, as it employees total of 147 workers.

TransAtlantic Petroleum Ltd. (TAT) in the eye of market guru’s

During the last month, 0 analysts gave the TransAtlantic Petroleum Ltd. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.

According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 0.2750, with a change in the price was noted -0.0758. In a similar fashion, TransAtlantic Petroleum Ltd. posted a movement of -25.36% for the period of last 100 days, recording 2,066,183 in trading volumes.

TransAtlantic Petroleum Ltd. (TAT): Stocks Technical analysis and Trends

Raw Stochastic average of TransAtlantic Petroleum Ltd. in the period of last 50 days is set at 1.92%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 15.12%. In the last 20 days, the company’s Stochastic %K was 8.97% and its Stochastic %D was recorded 7.72%.

If we look into the earlier routines of TransAtlantic Petroleum Ltd., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -54.99%. Additionally, trading for the stock in the period of the last six months notably improved by 10.51%, alongside a downfall of -68.13% for the period of the last 12 months. The shares increased approximately by -5.67% in the 7-day charts and went up by -9.51% in the period of the last 30 days. Common stock shares were lifted by -29.78% during last recorded quarter.