In today’s recent session, 0.41 million shares of the T1 Energy Inc (NYSE:TE) have been traded, and its beta is 1.12. Most recently the company’s share price was $1.48, and it changed around -$0.07 or -4.68% from the last close, which brings the market valuation of the company to $207.56M. TE at last check was trading at a discount to its 52-week high of $3.36, offering almost -127.03% off that amount. The share price’s 52-week low was $0.91, which indicates that the recent value has risen by an impressive 38.51% since then. We note from T1 Energy Inc’s average daily trading volume that its 10-day average is 1.63 million shares, with the 3-month average coming to 2.10 million.
T1 Energy Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.00. If we narrow it down even further, the data shows that 0 out of 1 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 0 recommended TE as a Hold, whereas 1 deemed it a Buy, and 0 rated it as Underweight. T1 Energy Inc is expected to report earnings per share of -0.04 for the current quarter.
T1 Energy Inc (NYSE:TE) trade information
Instantly TE has been showing red trend so far today with a performance of -4.68% on intraday trading today. The performance over the last five days has remained in the red territory. The rise to weekly highs of 1.7400 on recent trading dayincreased the stock’s daily price by 14.94%. The company’s shares are currently down -42.74% year-to-date, but still down -10.46% over the last five days. On the other hand, T1 Energy Inc (NYSE:TE) is -12.06% down in the 30-day period. We can see from the shorts that 12.77 million shares have been sold at a short interest cover period of 7.91 day(s).
T1 Energy Inc (TE) estimates and forecasts
The year-over-year growth rate is expected to be 33,324.54%, up from the previous year.
Consensus estimates provided by 1 financial analysts predict the company will bring in an average of 73.98M in revenue for the current quarter. 1 analysts expect T1 Energy Inc to make 209.44M in revenue for the current ending quarter. Forecasts for the next quarter put sales growth at 0.00%.
T1 Energy Inc (NYSE:TE)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 29.37% of T1 Energy Inc shares, and 34.72% of them are in the hands of institutional investors. The stock currently has a share float of 49.16%.
iShares Russell 2000 ETF and Invesco WilderHill Clean Energy ETF were the top two Mutual Funds as of Dec 31, 2024. The former held 2.98 shares worth $4.41 million, making up 2.12% of all outstanding shares. On the other hand, Invesco WilderHill Clean Energy ETF held roughly 2.1 shares worth around $3.1 million, which represents about 1.49% of the total shares outstanding.
