Tellurian Inc. [NASDAQ:TELL] has active tape with a current price of $0.96.
For the year, the stock is trading -86.88% and the five-day change stands at 26.01%. As a point of reference, the S&P 500 is trading 0.79% YTD.
Other data to note about the company today is the Recommendation Trend that is leaning toward Tellurian Inc. [TELL] as Moderate Buy.
The Price is right
Holding a Market Cap of $312.68 million, Tellurian Inc. has seen a trading range over the last year of $0.67-$8.72.
For the last five days, TELL is up from its last closing price. The average shares trading hands each day is 6.43M.
Using a Force Index Indicator is a good way to look at how strong actual buying and selling pressure is for TELL. When we apply the Elder Force Index to Tellurian Inc., we are seeing an Elder Force Indicator number of 913701.8.
In the last quarter, TELL made a profit of 3.92 million. Tellurian Inc. also saw quarter revenue growth year over year of 179.74%.
Looking at popular technical indicators, the company’s 5-day moving average is 0.8249 compared to the 50-day moving average of 10.47%. So, traders might want to tread carefully if they are going to bid.
The Relative Strength Index or RSI is an indicator ranging between 0 and 100 that traders use to determine if a stock is “overbought” or “oversold.” A strong uptrend tending to reach into the “overbought” status is above 70, while a downward trend will stay around the 30 mark. TELL currently holds a 9-day RSI of 74.32%, while 100-day RSI stands at 42.75%.
Another indicator we believe is worth keeping tabs on is the Moving Average Convergence Divergence or MACD. Similar to the concept of the Force Index — on the basis of price momentum — the MACD gives traders a tool to measure the turning point of a stock even during rapid fluctuations in price. Buy and sell signals are determined by a stock’s relation to the zero line, so if a stock is above a zero line for many weeks it might be a “buy.” On the other hand, if a stock is below the zero line consistently, it might be one to stay away from. Also, if the MACD line reaches a peak and dips, its momentum may be waning. TELL’s 9-day MACD is 0.0679 and the company’s 100-day MACD stands at -0.1363.
Another area that is important to analyze is insider moves and majority shareholders. While this is not always an error-free way to tell what the future holds for a stock, you can maybe gather important information from reading the tea leaves about who is buying and selling.
The major holders for this stock are 56.14% by insiders and 15.46% by institutions. Regarding institutional holdings, Vanguard Group, Inc. (The) owns 3.19%, while the second top holder, Blackrock Inc., currently owns 2.79%.
Over the last six months, insiders have sold 87,401 with the most recent transaction from TOTAL Delaware, Inc., 10% Owner, with a sell at price 0.97 per share.
Overall, the recommended rating for TELL is Moderate Buy. Currently, the company has 10 analysts watching the stock, and the average quarterly earnings estimate is -0.1. Quarterly revenue estimates are averaging 6.68M with the high estimate reaching 8M and the low at 5.95M.