Tellurian Inc (TELL) stock forecast: Can it reach its 52-week high of $1.21

A share price of Tellurian Inc [TELL] is currently trading at $0.97, up 1.85%. An important factor to consider is whether the stock is rising or falling in short-term value. The TELL shares have gain 2.94% over the last week, with a monthly amount glided 5.35%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Tellurian Inc [AMEX: TELL] stock has seen the most recent analyst activity on February 14, 2023, when BofA Securities downgraded its rating to a Underperform and also revised its price target to $1.50 from $4. Previously, BofA Securities upgraded its rating to Buy on August 09, 2022, and dropped its price target to $4.50. On August 02, 2022, downgrade downgraded it’s rating to In-line and revised its price target to $4.50 on the stock. Credit Suisse upgraded its rating to a Outperform and increased its price target to $8 on April 01, 2022. B. Riley Securities initiated its recommendation with a Buy and recommended $8 as its price target on July 08, 2021. Evercore ISI upgraded its rating to Outperform for this stock on June 08, 2021, and upped its price target to $7. In a note dated June 07, 2021, Morgan Stanley upgraded an Equal-Weight rating on this stock and boosted its target price from $2 to $8.

Tellurian Inc experienced fluctuations in its stock price throughout the past year between $0.36 and $1.21. Currently, Wall Street analysts expect the stock to reach $4.83 within the next 12 months. Tellurian Inc [AMEX: TELL] shares were valued at $0.97 at the most recent close of the market. An investor can expect a potential return of 397.94% based on the average TELL price forecast.

Analyzing the TELL fundamentals

Trailing Twelve Months sales for Tellurian Inc [AMEX:TELL] were 108.68M which represents -100.00% decline. Gross Profit Margin for this corporation currently stands at 0.2% with Operating Profit Margin at -1.04%, Pretax Profit Margin comes in at -1.49%, and Net Profit Margin reading is -2.42%. To continue investigating profitability, this company’s Return on Assets is posted at -0.28, Equity is -0.44 and Total Capital is -0.14. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.25.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 0.9517 points at the first support level, and at 0.9358 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.9780, and for the 2nd resistance point, it is at 0.9884.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Tellurian Inc [AMEX:TELL] is 0.27. On the other hand, the Quick Ratio is 0.27, and the Cash Ratio is 0.12. Considering the valuation of this stock, the price to sales ratio is 7.96, the price to book ratio is 1.56.

Transactions by insiders

Recent insider trading involved KESSLER DIANA DERYCZ, Director, that happened on Jul 24 ’24 when 1.0 million shares were sold. Director, GROSS JONATHAN S completed a deal on Dec 15 ’23 to buy 0.12 million shares. Meanwhile, Director GROSS JONATHAN S bought 100000.0 shares on Nov 07 ’23.

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