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Saturday, June 3, 2023

What Are The Chances Of Tellurian Inc. (AMEX: TELL) Becoming A Clear Buy?

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. After-hours trades for Tellurian Inc. (TELL) shows that investor sentiment remained same, with the stock’s consolidated last price remained same to $1.25. The Tellurian Inc. has recorded 149,718 volume in the after hours trading session. The stock was recently discussed on Yahoo Finance as it revealed that Tellurian hires investment banker Simon Oxley as new CFO.

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Stocks Info

As a AMEX listed company, TELL falls under the Energy sector while operating within the Oil & Gas E&P industry segment. At the end of the last regular session, the stock closed at $1.25 and fluctuated between $1.2900 as its day high and $1.1900 as its day low. The current market capitalization of Tellurian Inc. is $669.70M. A total of 8.17 million shares were traded on the day, compared to an average of 11.43M shares.

Insider Activity

Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the stock’s future direction. During the recent three months, TELL has seen 0 BUY and 28 SELL insider trades, representing the acquisition of 0 and the disposition of 14,468,537 shares. Over the last 12 months, there were 8 BUYs and 40 SELLs from insiders. Insiders purchased 402,849 shares during that period but sold 25,226,646.

In the most recent transaction, SOUKI CHARIF sold 195,220 shares of TELL for 1.21 per share on Apr 05. After the transaction, the Executive Chairman now owns 1,659,639 company shares. In a previous transaction on Apr 04, SOUKI CHARIF sold 187,257 shares at 1.26 per share. TELL shares that Executive Chairman owns now total 1,854,859.

Among the insiders who sold shares, SOUKI CHARIF disposed of 630,405 shares on Apr 03 at a per-share price of $1.25. This resulted in the Executive Chairman holding 2,042,116 shares of TELL after the transaction. In another insider transaction, SOUKI CHARIF sold 404,400 shares at $1.20 per share on Mar 31. Company shares held by the Executive Chairman now total 2,672,521.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. According to analysts who have offered 12-month price targets for TELL in the last 3 months, the mean price target is $2.40 with high estimates of $5.00 and low estimates of $1.00. In terms of 52-week highs and lows, TELL has a high of $5.10 and a low of $0.94.

As of this writing, TELL has an earnings estimate of -$0.04 per share for the current quarter. EPS was calculated based on a consensus of 4 estimates, with a high estimate of $0.03 per share and a lower estimate of -$0.11.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. TELL’s latest balance sheet shows that the firm has $305.50M in Cash & Short Term Investments as of fiscal 2021. There were $55.97M in debt and $88.80M in liabilities at the time. Its Book Value Per Share was $1.20, while its Total Shareholder’s Equity was $418.30M.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for TELL is Buy with a score of 3.17.

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