Teligent Inc. (NASDAQ:TLGT) shares fell to a low of $0.78 before closing at $0.81. Intraday shares traded counted 3.08 million, which was 57.09% higher than its 30-day average trading volume of 7.17M. TLGT’s previous close was $0.77 while the outstanding shares total 67.49M. The firm has a beta of 1.83. The stock’s Relative Strength Index (RSI) is 41.25, with weekly volatility at 13.71% and ATR at 0.12. The TLGT stock’s 52-week price range has touched low of $0.46 and a $6.46 high. The stock traded higher over the last trading session, gaining 5.00% on 03/09/21.
Investors have identified the Drug Manufacturers – Specialty & Generic company Teligent Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $50.51 million, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Teligent Inc. (TLGT) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. In terms of their assets, the company currently has 54.32 million total, with 21.89 million as their total liabilities.
Is the stock of TLGT attractive?
In related news, Director, LIFE SCIENCES OPPORTUNITIES FU sold 560,618 shares of the company’s stock in a transaction that recorded on Aug 26. The sale was performed at an average price of 1.24, for a total value of 697,494. As the sale deal closes, the Director, LIFE SCIENCES OPPORTUNITIES FU now sold 100,000 shares of the company’s stock, valued at 113,254. Also, Director, LIFE SCIENCES OPPORTUNITIES FU sold 121,394 shares of the company’s stock in a deal that was recorded on Aug 21. The shares were price at an average price of 1.66 per share, with a total market value of 201,611. Following this completion of acquisition, the Director, LIFE SCIENCES OPPORTUNITIES FU now holds 87,271 shares of the company’s stock, valued at 196,787. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.15%.
0 out of 1 analysts covering the stock have rated it a Buy, while 1 have maintained a Hold recommendation on Teligent Inc.. 0 analysts has assigned a Sell rating on the TLGT stock. The 12-month mean consensus price target for the company’s shares has been set at $1.00.