Tellurian (NYSEAMERICAN:TELL) Stock Crosses Above 200 Day Moving Average – Time to Sell?

Tellurian Inc. (NYSEAMERICAN:TELL)’s share price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $0.00 and traded as high as $1.00. Tellurian shares last traded at $1.00, with a volume of 72,335,900 shares changing hands.

Tellurian Stock Up 0.2 %

The stock has a market capitalization of $892.85 million, a P/E ratio of -3.33 and a beta of 2.56. The company has a quick ratio of 0.27, a current ratio of 0.27 and a debt-to-equity ratio of 0.38.

Institutional Investors Weigh In On Tellurian

Large investors have recently modified their holdings of the stock. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors grew its stake in Tellurian by 83.1% during the third quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 35,740 shares of the oil and gas producer’s stock worth $35,000 after buying an additional 16,218 shares during the last quarter. Sanctuary Advisors LLC acquired a new position in shares of Tellurian in the 2nd quarter worth approximately $37,000. OLD National Bancorp IN bought a new stake in Tellurian during the 3rd quarter worth approximately $39,000. Vanguard Personalized Indexing Management LLC increased its holdings in Tellurian by 88.3% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 60,204 shares of the oil and gas producer’s stock valued at $42,000 after purchasing an additional 28,236 shares in the last quarter. Finally, Tanglewood Legacy Advisors LLC raised its position in Tellurian by 82.1% in the 3rd quarter. Tanglewood Legacy Advisors LLC now owns 47,703 shares of the oil and gas producer’s stock valued at $46,000 after purchasing an additional 21,500 shares during the last quarter. 48.87% of the stock is currently owned by institutional investors.

About Tellurian

Tellurian Inc engages in the natural gas business worldwide. It operates through three segments: The Upstream, The Midstream, and The Marketing & Trading. The company produces, gathers, purchases, sells, and delivers natural gas; acquires and develops natural gas assets; and develops, constructs, and operates liquefied natural gas terminals and pipelines.