The trading price of T1 Energy Inc (NYSE:TE) closed lower on Friday, March 21, and closing at $1.49, -5.10% lower than its previous close.
Traders who pay close attention to intraday price movement should know that it fluctuated between $1.455 and $1.56. In examining the 52-week price action we see that the stock hit a 52-week high of $3.36 and a 52-week low of $0.91. Over the past month, the stock has lost -23.20% in value.
T1 Energy Inc, whose market valuation is $209.33 million at the time of this writing, is expected to release its quarterly earnings report on 2025-Mar-16. Investors’ optimism about the company’s current quarter earnings report is understandable. Analysts have predicted the quarterly earnings per share to grow by -0.04 per share this quarter, however they have predicted annual earnings per share of 0.09 for current year and 0.3 for next year.
Analysts have forecast the company to bring in revenue of 73.98M for the current quarter, with the likely lows of 73.98M and highs of 73.98M. From the analysts’ viewpoint, the consensus estimate for the company’s annual revenue is 983.35M.
On the technical side, indicators suggest TE has a 100% Sell on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a Hold, while an average of long term indicators suggests that the stock is currently 50% Sell.
A quick review shows that TE’s price is currently -1.23% off the SMA20 and -18.21% off the SMA50. The RSI metric on the 14-day chart is currently showing 43.47, and weekly volatility stands at 10.18%. When measured over the past 30 days, the indicator reaches 9.98%. T1 Energy Inc (NYSE:TE)’s beta value is currently sitting at 1.10, while the Average True Range indicator is currently displaying 0.15.
To see how T1 Energy Inc stock has been performing in comparison to its peers in the industry, here are the numbers: TE stock’s performance was -5.10% in the latest trading, and 2.76% in the past year.
An evaluation of the daily trading volume of T1 Energy Inc (NYSE:TE) indicates that the 3-month average is 2.29 million. However, this figure has increased over the past 10 days to an average of 1.58.
Currently, records show that 155.93 million of the company’s shares remain outstanding. The insiders hold 23.85% of outstanding shares, whereas institutions hold 43.86%. The stats also highlight that short interest as of 2025-02-28, stood at 12.77 million shares, resulting in a short ratio of 7.91 at that time. From this, we can conclude that short interest is 994.00 of the company’s total outstanding shares. It is noteworthy that short shares in February were up slightly from the previous month’s figure, which was 12.27 million. However, since the stock’s price has seen -42.25% year-to-date, investors’ interest is likely to be reignited due to its potential to move even lower.
