A new trading day began on Monday, with Teladoc Health Inc (NYSE: TDOC) stock price up 2.47% from the previous day of trading, before settling in for the closing price of $12.98. TDOC’s price has ranged from $12.85 to $30.41 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Healthcare sector saw sales topped by 48.49%. Meanwhile, its annual earnings per share averaged 23.03%. With a float of $167.46 million, this company’s outstanding shares have now reached $169.31 million.
The extent of productivity of a business whose workforce counts for 5600 workers is very important to gauge.
Teladoc Health Inc (TDOC) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Health Information Services Industry. The insider ownership of Teladoc Health Inc is 1.10%, while institutional ownership is 73.13%. The most recent insider transaction that took place on Apr 17 ’24, was worth 13,210. In this transaction CHIEF STRATEGY OFFICER of this company sold 1,000 shares at a rate of $13.21, taking the stock ownership to the 26,192 shares. Before that another transaction happened on Apr 02 ’24, when Company’s Chief Technology Officer sold 461 for $14.31, making the entire transaction worth $6,599. This insider now owns 70,621 shares in total.
Teladoc Health Inc (TDOC) Performance Highlights and Predictions
In its latest quarterly report, released on 12/31/2023, the company reported earnings of -$0.17 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.3 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 23.03% per share during the next fiscal year.
Teladoc Health Inc (NYSE: TDOC) Trading Performance Indicators
Here are Teladoc Health Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 3.39. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.87. Likewise, its price to free cash flow for the trailing twelve months is 6.65.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.34, a number that is poised to hit -0.46 in the next quarter and is forecasted to reach -0.70 in one year’s time.
Technical Analysis of Teladoc Health Inc (TDOC)
The latest stats from [Teladoc Health Inc, TDOC] show that its last 5-days average volume of 4.52 million was inferior to 4.7 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 12.97%. Additionally, its Average True Range was 0.54.
During the past 100 days, Teladoc Health Inc’s (TDOC) raw stochastic average was set at 4.59%, which indicates a significant decrease from 19.09% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 36.10% in the past 14 days, which was lower than the 59.51% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $15.55, while its 200-day Moving Average is $19.46. Now, the first resistance to watch is $13.54. This is followed by the second major resistance level at $13.79. The third major resistance level sits at $14.09. If the price goes on to break the first support level at $12.99, it is likely to go to the next support level at $12.69. Assuming the price breaks the second support level, the third support level stands at $12.44.
Teladoc Health Inc (NYSE: TDOC) Key Stats
With a market capitalization of 2.25 billion, the company has a total of 169,314K Shares Outstanding. Currently, annual sales are 2,602 M while annual income is -220,370 K. The company’s previous quarter sales were 660,530 K while its latest quarter income was -28,890 K.
