Tellurian (NYSEAMERICAN:TELL) Share Price Crosses Above 200 Day Moving Average – What’s Next?

Tellurian Inc. (NYSEAMERICAN:TELL) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $0.00 and traded as high as $1.00. Tellurian shares last traded at $1.00, with a volume of 72,335,900 shares.

Tellurian Trading Up 0.2 %

The stock has a market cap of $892.85 million, a P/E ratio of -3.33 and a beta of 2.56. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.27 and a quick ratio of 0.27. The business’s fifty day simple moving average is $0.94.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of TELL. Hilltop Holdings Inc. purchased a new position in shares of Tellurian in the 3rd quarter valued at approximately $68,000. Wolverine Asset Management LLC bought a new position in Tellurian in the third quarter worth $160,000. Murchinson Ltd. purchased a new position in Tellurian during the third quarter valued at $195,000. Verition Fund Management LLC purchased a new position in Tellurian in the third quarter worth about $387,000. Finally, Healthcare of Ontario Pension Plan Trust Fund bought a new position in shares of Tellurian in the third quarter worth approximately $2,867,000. Institutional investors own 48.87% of the company’s stock.

Tellurian Company Profile

Tellurian Inc engages in the natural gas business worldwide. It operates through three segments: The Upstream, The Midstream, and The Marketing & Trading. The company produces, gathers, purchases, sells, and delivers natural gas; acquires and develops natural gas assets; and develops, constructs, and operates liquefied natural gas terminals and pipelines.