In last trading session, Telos Corp (NASDAQ:TLS) saw 0.68 million shares changing hands with its beta currently measuring 0.97. Company’s recent per share price level of $2.85 trading at -$0.03 or -1.04% at ring of the bell on the day assigns it a market valuation of $209.43M. That closing price of TLS’s stock is at a discount of -69.12% from its 52-week high price of $4.82 and is indicating a premium of 35.79% from its 52-week low price of $1.83. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.92 million shares which gives us an average trading volume of 1.01 million if we extend that period to 3-months.
For Telos Corp (TLS), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.80. Splitting up the data highlights that, out of 6 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 3 suggested the stock as a Hold whereas 3 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.
Telos Corp (NASDAQ:TLS) trade information
Telos Corp’s shares saw a change of -34.33% in year-to-date performance and have moved 5.17% in past 5-day. Telos Corp (NASDAQ:TLS) showed a performance of 8.78% in past 30-days. Number of shares sold short was 1.41 million shares which calculate 2.3 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 4.25 to the stock, which implies a rise of 32.94% to its current value. Analysts have been projecting 3 as a low price target for the stock while placing it at a high target of 10. It follows that stock’s current price would drop -5.26% in reaching the projected high whereas dropping to the targeted low would mean a loss of -5.26% for stock’s current value.
Telos Corp (NASDAQ:TLS)’s Major holders
Insiders are in possession of 28.16% of company’s total shares while institution are holding 61.96 percent of that, with stock having share float percentage of 86.24%. Investors also watch the number of corporate investors in a company very closely, which is 61.96% institutions for Telos Corp that are currently holding shares of the company. BARCLAYS PLC is the top institutional holder at TLS for having 9.13 million shares of worth $36.7 million. And as of 2024-06-30, it was holding 12.925 of the company’s outstanding shares.
The second largest institutional holder is VANGUARD GROUP INC, which was holding about 4.1 million shares on 2024-06-30. The number of shares represents firm’s hold over 5.8115 of outstanding shares, having a total worth of $16.5 million.
