T1 Energy Inc (NYSE:TE) price on Thursday, April 10, fall -6.78% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $1.10.
A look at the stock’s price movement, the close in the last trading session was $1.18, moving within a range at $1.05 and $1.17. The beta value (5-Year monthly) was 1.193. Turning to its 52-week performance, $3.36 and $0.91 were the 52-week high and 52-week low respectively. Overall, TE moved -27.15% over the past month.
T1 Energy Inc’s market cap currently stands at around $171.53 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 100% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 50% Sell category.
TE’s current price about -17.88% and -29.05% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 35.97, while 7-day volatility ratio is 15.17% and 9.89% in the 30-day chart. Further, T1 Energy Inc (TE) has a beta value of 1.30, and an average true range (ATR) of 0.13. Analysts have given the company’s stock an average 52-week price target of $19, forecast between a low of $13 and high of $25. Looking at the price targets, the low is -1081.82% off current price level while to achieve the yearly target high, price needs to move -2172.73%. Nonetheless, investors will most likely welcome a -1627.27% jump to $19 which is the analysts’ median price.
If we refocus on T1 Energy Inc (NYSE:TE), historical trading data shows that trading volumes averaged 1.76 over the past 10 days and 1.71 million over the past 3 months. The company’s latest data on shares outstanding shows there are 155.93 million shares.
The 23.85% of T1 Energy Inc’s shares are in the hands of company insiders while institutional holders own 39.57% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 12.44 million on 2025-03-14, giving us a short ratio of 8.32. The data shows that as of 2025-03-14 short interest in T1 Energy Inc (TE) stood at 946.0000000000001 of shares outstanding, with shares short falling to 13.01 million registered in 2025-02-14. Current price change has pushed the stock -57.36% 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.
