For the readers interested in the stock health of Tellurian Inc. (TELL). It is currently valued at $2.95. When the transactions were called off in the previous session, Stock hit the highs of $3.33, after setting-off with the price of $2.76. Company’s stock value dipped to $2.75 during the trading on the day. When the trading was stopped its value was $3.11.Recently in News on August 29, 2022, Tellurian Announces Public Offering of Senior Secured Notes. Tellurian Inc. (Tellurian or the Company) (NYSE American: TELL) today announced that it intends to offer and sell units consisting of 11.25% senior secured notes due 2027 ($1,000 principal amount per note) and warrants to purchase shares of Tellurian common stock in an underwritten public offering. There can be no assurance as to whether or when the offering may be completed, or as to the size or terms of the offering. The Company intends to use the net proceeds from the offering by contributing them to the Driftwood Project entities to support the construction of the Driftwood Project. You can read further details here
Tellurian Inc. had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $6.53 on 04/01/22, with the lowest value was $2.23 for the same time period, recorded on 01/28/22.
Tellurian Inc. (TELL) full year performance was -1.27%
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, Tellurian Inc. shares are logging -54.86% during the 52-week period from high price, and 32.29% 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 $2.23 and $6.53.
The company’s shares, operating in the sector of Energy managed to top a trading volume set approximately around 10645582 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 Tellurian Inc. (TELL) recorded performance in the market was 0.97%, having the revenues showcasing 2.30% 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 1.73B, as it employees total of 107 workers.
Specialists analysis on Tellurian Inc. (TELL)
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 3.91, with a change in the price was noted -2.06. In a similar fashion, Tellurian Inc. posted a movement of -41.27% for the period of last 100 days, recording 18,373,443 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for TELL is recording 0.91 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.66.
Trends and Technical analysis: Tellurian Inc. (TELL)
Raw Stochastic average of Tellurian Inc. in the period of last 50 days is set at 8.18%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 9.19%. In the last 20 days, the company’s Stochastic %K was 11.05% and its Stochastic %D was recorded 14.99%.
Now, considering the stocks previous presentation, multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 0.97%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -25.60%, alongside a downfall of -1.27% for the period of the last 12 months. The shares increased approximately by -25.06% in the 7-day charts and went up by -30.89% in the period of the last 30 days. Common stock shares were driven by 2.30% during last recorded quarter.