Tellurian Inc (NASDAQ:TELL) Director Don A. Turkleson bought 83,897 shares of the firm’s stock in a transaction dated Tuesday, December 11th. The stock was purchased at an average price of $6.75 per share, for a total transaction of $566,304.75. Following the transaction, the director now owns 126,121 shares of the company’s stock, valued at $851,316.75. The acquisition was disclosed in a legal filing with the SEC, which is available through this link.
NASDAQ TELL opened at $6.88 on Friday. The company has a market capitalization of $1.64 billion, a PE ratio of -8.39 and a beta of 1.78. Tellurian Inc has a 1-year low of $6.32 and a 1-year high of $12.45. The company has a current ratio of 4.61, a quick ratio of 4.61 and a debt-to-equity ratio of 0.17.
Tellurian (NASDAQ:TELL) last released its earnings results on Wednesday, November 7th. The oil and gas producer reported ($0.15) earnings per share for the quarter, missing the consensus estimate of ($0.14) by ($0.01). The firm had revenue of $0.80 million during the quarter, compared to analysts’ expectations of $0.83 million. Tellurian had a negative net margin of 930.79% and a negative return on equity of 45.00%. On average, research analysts predict that Tellurian Inc will post -0.58 earnings per share for the current fiscal year.
Several equities analysts have recently weighed in on the company. BidaskClub upgraded Tellurian from a “sell” rating to a “hold” rating in a research report on Wednesday, August 29th. Cowen downgraded Tellurian from an “outperform” rating to a “market perform” rating in a research report on Wednesday, September 26th. Bank of America assumed coverage on Tellurian in a research report on Monday, October 8th. They issued a “buy” rating on the stock. Robert W. Baird set a $17.00 target price on Tellurian and gave the company a “buy” rating in a research report on Monday, September 17th. Finally, Credit Suisse Group assumed coverage on Tellurian in a research report on Thursday, October 11th. They issued an “outperform” rating and a $15.00 target price on the stock. Five research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Tellurian has an average rating of “Hold” and an average target price of $11.95.
Tellurian Inc plans to develop, own, and operate a natural gas business and to deliver natural gas to customers worldwide. The company is developing a portfolio of natural gas production, liquefied natural gas (LNG) trading, and infrastructure that includes an approximately 27.6 million tons per annum LNG export facility and an associated pipeline.
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