What’s Happening To These Stocks? – Teligent, Inc. (TLGT), Huntsman Corporation (HUN)

The opening price for Teligent, Inc. (NASDAQ:TLGT) was $3.71 and the volume amounted to 1.37 million shares which compares with the average volume of 0.57 million shares. The company stock experienced a -6.95% move to arrive at $3.48.

Teligent, Inc. (TLGT) Analyst Opinion

Teligent, Inc. has a consensus outperform rating from 6 Wall Street analysts, and the number of shares currently sold short amount to at least 0% of shares outstanding. The stock sank -48.67% last month and is down -47.35 this year. Wall Street is only getting more bullish on the stock, with 3 of analysts who cover TLGT having a buy-equivalent rating. Analysts have placed a $5.69 price target on Teligent, Inc., suggesting a 63.51% gain from recent close. It’s currently trading about -63.52% below its 52-week high.

Teligent, Inc. Earnings Surprise

Teligent, Inc. (TLGT) failed to surprise the stock market in its last reported earnings when it earned -$0.08 a piece versus the consensus-estimated -$0.01. Its revenue totaled $19.12 million up 3.86% from the previous quarter.

Teligent, Inc. (NASDAQ:TLGT) Intraday View

This stock (TLGT) is ahead of its 52-week low with 23.4%. Its last month’s stock price volatility remained 14.82% which for the week stands at 7.12%. The share price has moved backward from its 20 days moving average, trading at a distance of -35.88% and stays -44.85% away from its 50 days moving average. Over the last five days, shares have faced -33.71% losses and now is down -53.53% since hitting its 200-day moving average of $7.49. Teligent, Inc. (TLGT) has made its way to a 12-month decline of -54.03%.

Turning to Huntsman Corporation (NYSE:HUN), its shares were trading at $30.69 a retreat of $-0.37, on the trading floor. The stock, after opening at $30.85, touched a high of $31.005 before paring much of its gains. So far, analysts are sticking with their bullish recommendations with the consensus call at 1.7. Huntsman Corporation has 4 buy ratings, 0 holds and 0 sells even after the stock tumbled -5.83% from its high of $ 32.59 to a $7.33 billion market value through last close.

Huntsman Corporation (HUN) Consensus Price Target

The company’s consensus rating on Reuter’s scale slipped from 1.67 to 1.6 during a month. Analysts set a 12-month price target of $37.1 a share. The target implies a 20.89% spike from where the shares are currently trading. Also, the current price highlights a discount of 30.34% to analysts’ high consensus price target.

Huntsman Corporation (NYSE:HUN) Intraday Trading

The counter witnessed a trading volume of 4.7 million shares versus an average volume of 3.39 million shares during last trading session. Its last month’s stock price volatility remained 2.22% which for the week approaches 2.32%. The lowest price the stock reached in the last trading day was $30.41 and compares with the $17.98 52-week low. The stock recovered 70.69% since its low point and has performed 60.85% year-to-date.

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