With 0.52 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.39 million shares. During the session, the Software – Application company that operates in wider Technology sector, reached to the highest price of $87.96 whereas the lowest price it dropped to was $84.55. The 52-week range on TTAN shows that it touched its highest point at $112.00 and its lowest point at $83.30 during that stretch. It currently has a 1-year price target of $116.83.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of TTAN was down-trending over the past week, with a drop of -6.44%, but this was down by -17.53% over a month.
Float and Shares Shorts:
At present, 76.54 million TTAN shares are outstanding with a float of 30.25 million shares on hand for trading. On 2025-02-28, short shares totaled 1.34 million, which was 149.0 higher than short shares on 1738281600. In addition to Mr. Ara Mahdessian as the firm’s Co-Founder, Chairman of the Board & CEO, Mr. Vahe Kuzoyan serves as its Co-Founder, President & Director.
Institutional Ownership:
Through their ownership of 0.77255994 of TTAN’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-10-31, TTAN reported revenue of $199275000.0 and operating income of -$38921000.0. The EBITDA in the recently reported quarter was -$16729000.0 and diluted EPS was -$0.692587.
Analysts Ratings:
In the same way, a target price assigned to a stock can also reveal much about its potential. With TTAN analysts setting a high price target of 125.0 and a low target of 104.0, the average target price over the next 12 months is 117.28923. Based on these targets, TTAN could surge 46.15% to reach the target high and rise by 21.59% to reach the target low. Reaching the average price target will result in a growth of 37.13% from current levels.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Based on analyst estimates, the high estimate for the next quarter is $0.11 and the low estimate is $0.03. The average estimate for the next quarter is thus $0.06.
