On Dec 17, TURKLESON DON A, Director bought 42,320 shares of Tellurian Inc. (NASDAQ: TELL), with the average selling price of the stock being $6.75 per share. The total amount realized from this purchase $285,660. A document was filed with the Securities and Exchange Commission to notify the public about the purchase of the shares.
In addition to that, Director – TURKLESON DON A bought an extra 3,783 shares of this stock in a transaction that took place a day before, on Dec 13, with a share bought at an average of $6.75 and a total of $25,535 was realized from this transaction. After the transaction, the Director – TURKLESON DON A was left with 129,904 shares of the company’s stock, which is currently worth around $876852.0.
The recent price movement of TELL means that it is now down by -35.42% from its 52-week high and 48.83% up against its 52-week low prices. Over the past one week, the price volatility of TELL stands at 5.31% while the volatility over the past one month is 5.63%. The beta score for this stock is 1.78. A beta score below 1 means that the stock has a low volatility while above 1 signifies that a stock is highly volatile at that particular moment, a data that traders use to keep tabs on their investments.
The company published its latest quarterly earnings, with the report showing that the company recorded -0.15 earnings per share (EPS) during that period. This report was below the expectations of analysts of -0.14 by -0.01. The revenue by the firm was 8.34M for the quarter.
The shares of Tellurian Inc. (TELL) dropped by -5.34%, leading to a loss of -$0.43 per share, and saw TELL end the trading session at $7.62 on Friday 10/18/19. TELL started the trading session at $8.02, before reaching a daily high of $8.05. It wasn’t able to sustain that growth though and soon jumped to hit a daily low of $7.55.
The trading volume on Friday stood at 1835491, which was below the stock’s 3-month average volume of 1.97 million shares, out of a total 93.79M shares. As the price of the stock dipped, the market valuation of the company dropped to 1.95 billion.
The shares of Weibo Corporation (NASDAQ: WB) went down by -5.37% by the end of the recent trading session. This movement saw its price plunge to close at $47.55, which was lower than the previous closing price of $50.25. Over the past one week, the price of WB has slipped by -2.00%, while it has recorded a loss of -3.76% over the past one month. Its three-month performance saw WB gain 19.77% while its six-month performance saw it drop by -34.25%. The situation is different though over the past one year, as the stock price went down by -21.61%, while its year-to-date (YTD) price performance slipped by -18.62%. The stock price has gone up by +38.78% compared to its 90-day low, while it is down -9.55% compared to its 90-day high price.
Let’s take a look at its short, medium and long-term indicators. Composite Indicators shows that Trendspotter rated the stock as a Buy. In the short-term, the stock has a 20-day average volume of 1,646,290 shares, with the short-term indicators averagely rating the stock as a 50% Buy. A look at its medium-term indicators reveals that it has a 50-Day average volume of 2,084,132 shares and the indicators have an average rating of Hold. The last indicators, the long-term see WB stock with a 100-Day average volume of 2,039,133 shares, giving it an average rating of 50% Sell. A look at the general picture of all short, medium and long-term indicators leaves WB with an average rating of 8% Buy.
Several brokerage firms sent out their reports WB stock not long ago. In its report sent out on October 18, 2019, Jefferies lowered its ratings on WB from a Hold to a Buy. In an earlier report on October 04, 2019, Credit Suisse Upgrade the stock from a Neutral to a Outperform. CLSA meanwhile in its report on August 19, 2019 Upgrade its rating of the stock from a “Buy” to “Buy”.
In related news to the company’s stock, around 42.60% shares are being held by institutional investors. In a recent SEC filing, the company revealed that 266 institutions currently hold the WB stock. In the last quarter, a 59,877,866 WB shares were in the possession of institutions. On the other hand, the company recorded 31 new institutions who bought it their stock, while 44 institutions sold their entire WB reserve. Of the current institutions investing in the stock, 112 increased their investment while 117 decreased their investment in the stock.