TLS Stock Summary and Trading Ideas (Telos | NASDAQ:TLS)

Telos Corp offers technologically forwarded, software-based security solutions that empower and protect the world's security-conscious organizations against rapidly evolving, sophisticated, and pervasive threats. Its business has two reportable and operating segments namely Security Solutions and Secure Networks. The Security Solutions segment focuses on cybersecurity, cloud, and identity solutions, and the Secure Networks focuses on enterprise security. The company derives maximum revenue from the Security Solutions segment.

Telos trades on the NASDAQ stock market under the symbol TLS.

As of May 10, 2024, TLS stock price climbed to $3.84 with 164,097 million shares trading.

TLS has a beta of 1.58, meaning it tends to be more sensitive to market movements. TLS has a correlation of 0.06 to the broad based SPY ETF.

TLS has a market cap of $270.03 million. This is considered a Small Cap stock.

Last quarter Telos reported $41 million in Revenue and -$.09 earnings per share. This beat revenue expectation by $9 million and exceeded earnings estimates by $.03.

In the last 3 years, TLS stock traded as high as $36.92 and as low as $1.53.

The top ETF exchange traded funds that TLS belongs to (by Net Assets): BUG, VTI, VGT, VXF, SCHA.

TLS has outperformed the market in the last year with a price return of +112.2% while the SPY ETF gained +28.4%. However, in the short term, TLS had mixed performance relative to the market. It has underperformed in the last 3 months, returning -10.5% vs +4.3% return in SPY. But in the last 2 weeks, TLS shares have fared better than the market returning +9.1% compared to SPY +3.5%.

TLS support price is $3.24 and resistance is $3.52 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that TLS stock will trade within this expected range on the day.