NASDAQ:TLGTTeligent Stock Price, Forecast & News

Teligent's stock was trading at $3.25 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, TLGT shares have decreased by 29.5% and is now trading at $2.29. View which stocks have been most impacted by Coronavirus.

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Teligent in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Teligent.

Teligent is scheduled to release its next quarterly earnings announcement on Monday, August 3rd 2020. View our earnings forecast for Teligent.

Teligent Inc (NASDAQ:TLGT) posted its earnings results on Friday, May, 22nd. The company reported ($2.30) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of ($1.80) by $0.50. The business earned $7.45 million during the quarter. Teligent had a negative net margin of 71.80% and a negative return on equity of 682.10%. View Teligent's earnings history.

Teligent shares reverse split on the morning of Thursday, May 28th 2020. The 1-10 reverse split was announced on Wednesday, May 27th 2020. The number of shares owned by shareholders was adjusted after the market closes on Wednesday, May 27th 2020. An investor that had 100 shares of Teligent stock prior to the reverse split would have 10 shares after the split.

Press coverage about TLGT stock has trended positive recently, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Teligent earned a daily sentiment score of 2.1 on InfoTrie's scale. They also assigned media coverage about the company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the stock's share price in the near term. View the latest news about Teligent.

Teligent saw a increase in short interest during the month of June. As of June 30th, there was short interest totaling 681,200 shares, an increase of 50.9% from the June 15th total of 451,400 shares. Based on an average daily volume of 56,500 shares, the days-to-cover ratio is presently 12.1 days. Approximately 15.6% of the company's shares are sold short. View Teligent's Current Options Chain.

Some companies that are related to Teligent include Infinity Pharmaceuticals (INFI), Generex Biotechnology (GNBT), Zosano Pharma (ZSAN), Edesa Biotech (EDSA), Novan (NOVN), Addex Therapeutics (ADDXF), Merrimack Pharmaceuticals (MACK), American Bio Medica (ABMC), Forward Pharma A/S (FWP), PDS Biotechnology (PDSB), Acerus Pharmaceuticals (ASPCF), Jaguar Health (JAGX), Annovis Bio (ANVS), AgeX Therapeutics (AGE) and Q BioMed (QBIO). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Teligent investors own include Novavax (NVAX), ChemoCentryx (CCXI), Voyager Therapeutics (VYGR), General Electric (GE), AbbVie (ABBV), Aquinox Pharmaceuticals (AQXP), Selecta Biosciences (SELB), Exxon Mobil (XOM), Akorn (AKRX) and Bausch Health Companies (BHC).

Teligent trades on the NASDAQ under the ticker symbol "TLGT."

Teligent's stock is owned by many different retail and institutional investors. Top institutional investors include Sanders Morris Harris LLC (7.52%). Company insiders that own Teligent stock include Bhaskar Chaudhuri, Carole Ben-Maimon, Damian Finio, James C Gale, Jason Grenfell-Gardner and Stephen Richardson. View institutional ownership trends for Teligent.

TLGT stock was sold by a variety of institutional investors in the last quarter, including Sanders Morris Harris LLC. View insider buying and selling activity for Teligent.

Shares of TLGT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of TLGT stock can currently be purchased for approximately $2.29.

Teligent has a market capitalization of $12.34 million and generates $65.90 million in revenue each year. Teligent employs 189 workers across the globe.

The official website for Teligent is www.teligent.com.

Teligent's mailing address is 105 LINCOLN AVENUE, BUENA NJ, 08310. The company can be reached via phone at 856-697-1441 or via email at [email protected]