Teligent Inc. [NASDAQ: TLGT] closed the trading session at $1.31 on 02/09/21. The day’s price range saw the stock hit a low of $1.12, while the highest price level was $1.395. The company report on January 28, 2021 that Teligent Takes Strategic Steps to Recapitalize and Position Business for Success.
Completes $77 million debt-for-equity exchange with Series C noteholders and senior secured lenders at premiums of 60% and 30% to the 5 day VWAP.
Achieves aggregate reduction in debt of $118 million since June 30, 2020, resulting in current indebtedness of $105 million.
The stocks have a year to date performance of 74.67 percent and weekly performance of 43.56 percent. The stock has been moved at -44.02 percent over the last six months. The stock has performed 57.40 percent around the most recent 30 days and changed 158.13 percent over the most recent 3-months.
If compared to the average trading volume of 6.49M shares, TLGT reached to a volume of 19363982 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Teligent Inc. [TLGT]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for TLGT shares is $1.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on TLGT stock is a recommendation set at 3.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Craig Hallum have made an estimate for Teligent Inc. shares, keeping their opinion on the stock as Hold, with their previous recommendation back on August 20, 2020. The new note on the price target was released on October 03, 2019, representing the official price target for Teligent Inc. stock.
The Average True Range (ATR) for Teligent Inc. is set at 0.14, with the Price to Sales ratio for TLGT stock in the period of the last 12 months amounting to 1.42.
TLGT stock trade performance evaluation
Teligent Inc. [TLGT] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 43.56. With this latest performance, TLGT shares gained by 57.40% in over the last four-week period, additionally sinking by -44.02% over the last 6 months – not to mention a drop of -76.61% 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 TLGT stock in for the last two-week period is set at 66.88, with the RSI for the last a single of trading hit 71.51, and the three-weeks RSI is set at 64.09 for Teligent Inc. [TLGT]. The present Moving Average for the last 50 days of trading for this stock 0.8563, while it was recorded at 1.0880 for the last single week of trading, and 1.7599 for the last 200 days.
Teligent Inc. [TLGT]: An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Teligent Inc. [TLGT] shares currently have an operating margin of -12.17 and a Gross Margin at +35.70. Teligent Inc.’s Net Margin is presently recorded at -38.13.
Return on Total Capital for TLGT is now -4.50, given the latest momentum, and Return on Invested Capital for the company is -14.72. Return on Equity for this stock declined to -383.16, with Return on Assets sitting at -12.43. Additionally, TLGT Total Debt to Total Capital is recorded at 102.88, with Total Debt to Total Assets ending up at 90.30.
Reflecting on the efficiency of the workforce at the company, Teligent Inc. [TLGT] managed to generate an average of -$99,698 per employee. Receivables Turnover for the company is 3.61 with a Total Asset Turnover recorded at a value of 0.33.Teligent Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.30 and a Current Ratio set at 2.50.
Earnings per share (EPS) analysis for Teligent Inc. [TLGT] stock
With the latest financial reports released by the company, Teligent Inc. posted -1.7/share EPS, while the average EPS was predicted by analysts to be reported at -0.17/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -900.00%. 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 TLGT. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Teligent Inc. go to 15.00%.
Teligent Inc. [TLGT]: Insider Ownership positions
There are presently around $2 million, or 3.40% of TLGT stock, in the hands of institutional investors. The top three institutional holders of TLGT stocks are: HIGHBRIDGE CAPITAL MANAGEMENT LLC with ownership of 447,940, which is approximately New of the company’s market cap and around 0.15% of the total institutional ownership; MORGAN STANLEY, holding 437,021 shares of the stock with an approximate value of $0.57 million in TLGT stocks shares; and EVERSEPT PARTNERS, LP, currently with $0.4 million in TLGT stock with ownership of nearly -13.965% of the company’s market capitalization.
Positions in Teligent Inc. stocks held by institutional investors increased at the end of March and at the time of the March reporting period, where 7 institutional holders increased their position in Teligent Inc. [NASDAQ:TLGT] by around 546,791 shares. Additionally, 11 investors decreased positions by around 302,407 shares, while 6 investors held positions by with 664,929 shares. The mentioned changes placed institutional holdings at 1,514,127 shares, according to the latest SEC report filing. TLGT stock had 6 new institutional investments in for a total of 539,019 shares, while 2 institutional investors sold positions of 444 shares during the same period.