T1 Energy Inc [NYSE: TE] traded at a high on N/A, posting a 13.53 gain after which it closed the day’ session at $1.51.
The results of the trading session contributed to over 11668232 shares changing hands. Over the past one week, the price volatility of T1 Energy Inc stands at 7.59% while the volatility over the past one month is 6.48%.
The market cap for TE stock reached $235.47 million, with 155.94 million shares outstanding and 126.27 million shares in the current float. Compared to the average trading volume of 1.48M shares, TE reached a trading volume of 11668232 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about T1 Energy Inc [TE]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for TE shares is $3.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on TE stock is a recommendation set at 1.00. 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.
BTIG Research have made an estimate for T1 Energy Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on December 20, 2024. While these analysts kept the previous recommendation, Morgan Stanley raised their target price from $13 to $2. The new note on the price target was released on November 14, 2023, representing the official price target for T1 Energy Inc stock. On October 25, 2023, analysts decreased their price target for TE shares from 14 to 7.
The Average True Range (ATR) for T1 Energy Inc is set at 0.12, with the Price to Sales ratio for TE stock in the period of the last 12 months amounting to 3.48. The Price to Book ratio for the last quarter was 1.17, with the Price to Cash per share for the same quarter was set at 0.33.
How has TE stock performed recently?
T1 Energy Inc [TE] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 14.39. With this latest performance, TE shares gained by 18.90% in over the last four-week period, additionally sinking by -9.04% over the last 6 months – not to mention a drop of -19.68% in the past year of trading.
T1 Energy Inc [TE]: Deeper insight into the fundamentals
T1 Energy Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.26 and a Current Ratio set at 1.27.
