In last trading session, Teligent, Inc. (NASDAQ:TLGT) saw 6,221,689 shares changing hands with its beta currently measuring 1.78. Company’s recent per share price level of $1.07 trading at $0.05 or 4.9% at ring of the bell on the day assigns it a market valuation of $23.28 Million. That closing price of TLGT’s stock is at a discount of -507.48% from its 52-week high price of $6.5 and is indicating a premium of 57.01% from its 52-week low price of $0.46. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 5.44 Million shares which gives us an average trading volume of 5.98 Million if we extend that period to 3-months.
For Teligent, Inc. (TLGT), analysts’ consensus is at an average recommendation of Hold while assigning it a mean rating of 3. Splitting up the data highlights that, out of 1 analysts covering the stock, none rated the stock as a Sell while none recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas none see the stock as a Buy. None analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -$2.11 in the current quarter.
Teligent, Inc. (NASDAQ:TLGT) trade information
Upright in the green during last session for gaining 4.9%, in the last five days TLGT remained trading in the green while hitting it’s week-highest on Wednesday, Jan 13 when the stock touched $1.11 price level, adding 3.6% to its value on the day. Teligent, Inc.’s shares saw a change of 42.67% in year-to-date performance and have moved 31.66% in past 5-day. Teligent, Inc. (NASDAQ:TLGT) showed a performance of 69.68% in past 30-days. Number of shares sold short was 300.94 Million shares which calculate 50.32 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of $1 to the stock, which implies targetted prices is already lagging behind -6.54% to its current value. Analysts have been projecting $1 as a low price target for the stock while placing it at a high target of $1. It follows that stock’s current price would jump -6.54% in reaching the projected high whereas dropping to the targeted low would mean a loss of -6.54% for stock’s current value.
Teligent, Inc. (TLGT) estimates and forecasts
Statistics highlight that Teligent, Inc. is scoring comparatively lower than the scores of other players of the relevant industry. The company lessened -52.65% of value to its shares in past 6 months. Apart from that, the company came lowering its revenue forecast for fiscal year 2021. The company is estimating its revenue growth to decline by -24.1% in the current quarter and calculating 16.2% increase in the next quarter. This year revenue growth is estimated to drop -29.6% from the last financial year’s standing.
1 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $11Million for the same. And 1 analysts are in estimates of company making revenue of $9.86 Million in the next quarter that will end on March 01, 2021. Company posted $15.97 Million and $7.45 Million of sales in current and next quarters respectively a year earlier. Analysts are expecting this quarter sales to drop by -31.1% while estimating it to be 32.4% for the next quarter.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -49.5% during past 5 years. In 2021, company’s earnings growth rate is likely to be around 31% while estimates for its earnings growth in next 5 years are of 15%
Teligent, Inc. (NASDAQ:TLGT)’s Major holders
Insiders are in possession of 0.15% of company’s total shares while institution are holding 8.44% percent of that, with stock having share float percentage of 8.45%. Investors also watch the number of corporate investors in a company very closely, which is 26 institutions for Teligent, Inc. that are currently holding shares of the company. Highbridge Capital Management, LLC. is the top institutional holder at TLGT for having 447.94 Thousand shares of worth $322.56 Thousand. And as of September 29, 2020, it was holding 2.06% of the company’s outstanding shares.
The second largest institutional holder is Morgan Stanley, which was holding about 437.02 Thousand shares on September 29, 2020. The number of shares represents firm’s hold over 2.01% of outstanding shares, having a total worth of $314.7 Thousand.
On the other hand, Vanguard Extended Market Index Fund and Fidelity Extended Market Index Fund are the top two Mutual Funds which own company’s shares. As of September 29, 2020, the former fund manager was holding 64224 shares of worth $46.25 Thousand or 0.3% of the total outstanding shares. The later fund manager was in possession of 18.52 Thousand shares on November 29, 2020, making its stake of worth around $10.56 Thousand in the company or a holder of 0.09% of company’s stock.
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