T1 Energy Inc (NYSE:TE) price on current trading day, rose 1.21% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $1.67.
A look at the stock’s price movement, the close in the last trading session was $1.65, moving within a range at $1.62 and $1.74. The beta value (5-Year monthly) was 1.029. Turning to its 52-week performance, $3.36 and $0.91 were the 52-week high and 52-week low respectively. Overall, TE moved -19.32% over the past month.
T1 Energy Inc’s market cap currently stands at around $234.62 million, with investors looking forward to this quarter’s earnings report slated for on 2025-Mar-16.
Analysts have a consensus estimate of 73.98M for the company’s revenue for the quarter, with a low and high estimate of 73.98M and 73.98M respectively. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 983.35M, representing a 33,324.54% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that TE is a 50% Sell. On the other hand, the stock is on average a Hold as suggested by medium term indicators while long term indicators are putting the stock in 50% Buy category.
TE’s current price about 8.37% and -10.80% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 51.65, while 7-day volatility ratio is 10.48% and 9.54% in the 30-day chart. Further, T1 Energy Inc (TE) has a beta value of 1.06, and an average true range (ATR) of 0.15.
If we refocus on T1 Energy Inc (NYSE:TE), historical trading data shows that trading volumes averaged 1.4 over the past 10 days and 2.36 million over the past 3 months. The company’s latest data on shares outstanding shows there are 140.49 million shares.
The 23.85% of T1 Energy Inc’s shares are in the hands of company insiders while institutional holders own 43.86% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 12.77 million on 2025-02-28, giving us a short ratio of 7.91. The data shows that as of 2025-02-28 short interest in T1 Energy Inc (TE) stood at 994.0 of shares outstanding, with shares short rising to 12.27 million registered in 2025-01-31. Current price change has pushed the stock -35.27% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the TE stock continues to rise going into the next quarter.
