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Tellurian (TELL) Jumps: Stock Rises 10.8%

Zacks

Tellurian Inc. TELL was a big mover last session, as the company saw its shares rise nearly 11% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, which remained volatile and traded within the range of $9.5 –$10.2 in the past one-month time frame, witnessed a sharp increase on Friday.

The company has seen two its Zacks Consensus Estimate for the current quarter moving lower in the last one month, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward, to see if this recent move higher can last.

Tellurian currently has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.

Tellurian Inc. Price and Consensus


A better-ranked stock in the Oil and Gas – Refining and Marketing industry is Delek US Holdings, Inc. DK, which currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Is TELL going up? Or down? Predict to see what others think: Up or Down

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