Saturday, December 5, 2020

Market cap of Tellurian Inc. [TELL] reaches 294.80M – now what?

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Tellurian Inc. [NASDAQ: TELL] loss -2.09% on the last trading session, reaching $0.92 price per share at the time. The company report on August 5, 2020 that Tellurian Reports Second Quarter 2020 Results.

Tellurian Inc. (Tellurian) (NASDAQ: TELL) continues to build its integrated global natural gas business. Notable Tellurian achievements during the second quarter of 2020 and thereafter included raising $57.5 million in net proceeds through issuances of common stock. Pro forma cash and cash equivalents as of quarter end would be approximately $122.9 million after giving effect to financing transactions executed during July.


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President and CEO Meg Gentle said, “Tellurian has used the last few months to streamline Driftwood LNG, which is one of the lowest cost projects available globally at approximately $1,000 per tonne. Driftwood LNG is an integrated project, including production of low-cost gas from the Haynesville shale, which supports a new U.S. LNG pricing mechanism projected to enable equity partners to load LNG at about $3.50 per mmBtu. Tellurian continues working to secure equity partners from around the globe and looks forward to delivering reliable energy in 2024.”.

Tellurian Inc. represents 245.36 million in outstanding shares, while the company has a total market value of $294.80 million with the latest information. TELL stock price has been found in the range of $0.90 to $0.99.

If compared to the average trading volume of 7.25M shares, TELL reached a trading volume of 7233014 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here is what top equities market gurus are saying about Tellurian Inc. [TELL]:

ROTH Capital have made an estimate for Tellurian Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on June 10, 2020. The new note on the price target was released on June 02, 2020, representing the official price target for Tellurian Inc. stock. Previously, the target price had yet another drop from $6 to $2, while Evercore ISI kept a In-line rating on TELL stock.

The Average True Range (ATR) for Tellurian Inc. is set at 0.08, with the Price to Sales ratio for TELL stock in the period of the last 12 months amounting to 8.93. The Price to Book ratio for the last quarter was 2.96, with the Price to Cash per share for the same quarter was set at 0.27.

Trading performance analysis for TELL stock

Tellurian Inc. [TELL] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -8.06. With this latest performance, TELL shares dropped by -41.94% in over the last four-week period, additionally sinking by -86.31% over the last 6 months – not to mention a drop of -87.85% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for TELL stock in for the last two-week period is set at 42.47, with the RSI for the last a single of trading hit 39.54, and the three-weeks RSI is set at 44.09 for Tellurian Inc. [TELL]. The present Moving Average for the last 50 days of trading for this stock 1.0774, while it was recorded at 0.9629 for the last single week of trading, and 3.5111 for the last 200 days.

Tellurian Inc. [TELL]: A deeper dive into fundamental analysis

Operating Margin for any stock indicates how profitable investing would be, and Tellurian Inc. [TELL] shares currently have an operating margin of -506.91 and a Gross Margin at +4.37. Tellurian Inc.’s Net Margin is presently recorded at -527.44.

Return on Total Capital for TELL is now -44.09, given the latest momentum, and Return on Invested Capital for the company is -52.39. Return on Equity for this stock declined to -65.39, with Return on Assets sitting at -38.38. When it comes to the capital structure of this company, Tellurian Inc. [TELL] has a Total Debt to Total Equity ratio set at 84.42. Additionally, TELL Total Debt to Total Capital is recorded at 45.78, with Total Debt to Total Assets ending up at 36.72. Long-Term Debt to Equity for the company is recorded at 34.97, with the Long-Term Debt to Total Capital now at 18.95.

Reflecting on the efficiency of the workforce at the company, Tellurian Inc. [TELL] managed to generate an average of -$862,312 per employee. Receivables Turnover for the company is 6.30 with a Total Asset Turnover recorded at a value of 0.07.Tellurian Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.00 and a Current Ratio set at 1.00.

Tellurian Inc. [TELL]: An earnings per share (EPS) analysis

With the latest financial reports released by the company, Tellurian Inc. posted -0.18/share EPS, while the average EPS was predicted by analysts to be reported at -0.14/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -28.60%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for TELL. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Tellurian Inc. go to 31.10%.

An analysis of insider ownership at Tellurian Inc. [TELL]

There are presently around $35 million, or 12.40% of TELL stock, in the hands of institutional investors. The top three institutional holders of TELL stocks are: VANGUARD GROUP INC with ownership of 10,291,373, which is approximately 11.079% of the company’s market cap and around 29.00% of the total institutional ownership; BLACKROCK INC., holding 9,006,862 shares of the stock with an approximate value of $8.26 million in TELL stocks shares; and STATE STREET CORP, currently with $1.86 million in TELL stock with ownership of nearly -47.623% of the company’s market capitalization.

Positions in Tellurian Inc. stocks held by institutional investors increased at the end of August and at the time of the August reporting period, where 71 institutional holders increased their position in Tellurian Inc. [NASDAQ:TELL] by around 8,805,187 shares. Additionally, 44 investors decreased positions by around 6,406,100 shares, while 24 investors held positions by with 23,385,653 shares. The mentioned changes placed institutional holdings at 38,596,940 shares, according to the latest SEC report filing. TELL stock had 16 new institutional investments in for a total of 532,220 shares, while 23 institutional investors sold positions of 986,175 shares during the same period.

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