Tellurian Inc (AMEX:TELL) price closed lower on Monday, May 06, dropping -0.98% below its previous close.
A look at the daily price movement shows that the last close reads $0.43. The company’s 5Y monthly beta was ticking 2.38. Taking into account the 52-week price action we note that the stock hit a 52-week high of $1.75 and 52-week low of $0.36. The stock subtracted -24.21% on its value in the past month.
Tellurian Inc, which has a market valuation of $356.07 million, is expected to release its quarterly earnings report May 01, 2024 – May 06, 2024.
Technical indicators in stocks provide crucial insights into market trends, guiding investors with precise entry and exit points based on price movements for informed decision-making.On the technical perspective front, indicators give TELL a short term outlook of 100% Sell on average. Looking at the stock’s medium term indicators we note that it is averaging as a 100% Sell, while an average of long term indicators are currently assigning the stock as 100% Sell.
The overview shows that TELL’s price is at present -7.61% off the SMA20 and -31.38% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 41.61, with weekly volatility standing at 11.86%. The indicator jumps to 11.81% when calculated based on the past 30 days. Tellurian Inc (AMEX:TELL)’s beta value is holding at 2.45, while the average true range (ATR) indicator is currently reading 0.06.
An analysis of the Tellurian Inc (AMEX:TELL) stock in terms of its daily trading volume indicates that the 3-month average is 39.71 million.
Current records show that the company has 836.23M in outstanding shares. The insiders’ percentage holdings are 9.76% of outstanding shares while the percentage share held by institutions stands at 31.50%. But the -43.65% downside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.
