Tellurian Inc (AMEX: TELL) Has Succeeded In Generating Interest In 2024, The Stock Is Up 28.67% Year-To-Date

Tellurian Inc (AMEX:TELL)’s traded shares stood at 38.99 million during the latest session, with the company’s beta value hitting 2.57. At the last check today, the stock’s price was $0.97, to imply an increase of 0.22% or $0.0 in intraday trading. The TELL share’s 52-week high remains $1.07, putting it -10.31% down since that peak but still an impressive 62.89% since price per share fell to its 52-week low of $0.36. The company has a valuation of $869.03M, with an average of 61.43 million shares in intraday trading volume over the past 10 days and average of 45.99 million shares over the past 3 months.

Analysts have given a consensus recommendation of Buy for Tellurian Inc (TELL), translating to a mean rating of 3.00. Of 5 analyst(s) looking at the stock, 0 analyst(s) give TELL a Sell rating. 0 of those analysts rate the stock as Overweight while 2 advise Hold as 3 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at -0.04.

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Tellurian Inc (AMEX:TELL) trade information

After registering a 0.22% upside in the latest session, Tellurian Inc (TELL) has traded red over the past five days. The 5-day price performance for the stock is 0.22%, and 4.35% over 30 days. With these gigs, the year-to-date price performance is 28.67%. Short interest in Tellurian Inc (AMEX:TELL) saw shorts transact 105.76 million shares and set a 3.96 days time to cover.

The extremes give us $0.25 and $8 for target low and target high price respectively. As such, TELL has been trading -724.74% off suggested target high and 74.23% from its likely low.

Tellurian Inc (TELL) estimates and forecasts

Looking at statistics comparing Tellurian Inc share performance against respective industry, we note that the company has outperformed competitors. Tellurian Inc (TELL) shares are 73.05% up over the last 6 months, with its year-to-date growth rate higher than industry average at 20.83% against -12.60%. Revenue is forecast to grow 66.70% this quarter before falling -100.00% for the next one. The rating firms project that company’s revenue will shrink -75.40% compared to the previous financial year.

Earnings reports from the last fiscal year show that sales brought in 43.25M and 39.96M respectively in the corresponding quarters.

TELL Dividends

Tellurian Inc has its next earnings report out on 2024-Oct-31. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.

Tellurian Inc (AMEX:TELL)’s Major holders

Tellurian Inc insiders hold 3.07% of total outstanding shares, with institutional holders owning 36.94% of the shares at 38.12% float percentage. In total, 36.94% institutions holds shares in the company, led by VANGUARD GROUP INC. As of 2024-06-30, the company held over 49.74 million shares (or 6.5949% of shares), all amounting to roughly $34.45 million.

The next major institution holding the largest number of shares is BLACKROCK INC. with 20.97 million shares, or about 2.7803% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $14.52 million.