Tellurian (NYSEAMERICAN:TELL) Shares Up 0.2% – Here’s What Happened

Tellurian Inc. (NYSEAMERICAN:TELL – Get Free Report) shares were up 0.2% on Monday. The company traded as high as $0.9995 and last traded at $0.9990. 72,335,900 shares changed hands during trading, an increase of 75% from the average session volume of 41,307,367 shares. The stock had previously closed at $0.9974.

Tellurian Price Performance

The stock has a market cap of $892.85 million, a PE ratio of -3.33 and a beta of 2.56. The company has a current ratio of 0.27, a quick ratio of 0.27 and a debt-to-equity ratio of 0.38. The company’s 50 day moving average is $1.00 and its 200-day moving average is $1.00.

Tellurian Company Profile

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Tellurian Inc. was a U.S. natural gas company focused on developing an integrated business spanning natural gas production, transportation and liquefied natural gas (LNG) exports. Its proposed Driftwood LNG project was planned for the Louisiana Gulf Coast, near Lake Charles. The company also held natural gas assets in Louisiana’s Haynesville shale region, which were intended to supply gas to its LNG operations. Tellurian was founded in 2016 and pursued the Driftwood project as a way to connect U.S. natural gas resources with international LNG markets.

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