Transmedics Group Inc (TMDX) is 11.66% away from 50-day simple Moving Average despite all headwinds

Transmedics Group Inc (NASDAQ: TMDX) kicked off on Tuesday, down -0.53% from the previous trading day, before settling in for the closing price of $167.07. Over the past 52 weeks, TMDX has traded in a range of $36.42-$175.73.

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It was noted that within the last five years, the titan of the Healthcare sector saw sales topped by 95.07%. While this was happening, its average annual earnings per share was recorded 264.28%. With a float of $32.17 million, this company’s outstanding shares have now reached $32.67 million.

The extent of productivity of a business whose workforce counts for 584 workers is very important to gauge. In terms of profitability, gross margin is 60.66%, operating margin of -0.22%, and the pretax margin is 0.41%.

Transmedics Group Inc (TMDX) Insider and Institutional Ownership

Our next focus will be how large-scale investors are participating in this stock of the Medical Devices Industry. The insider ownership of Transmedics Group Inc is 3.56%, while institutional ownership is 102.83%. The most recent insider transaction that took place on Aug 15 ’24, was worth 1,463,919. In this transaction President & CEO of this company sold 8,625 shares at a rate of $169.73, taking the stock ownership to the 61,643 shares. Before that another transaction happened on Aug 15 ’24, when Company’s Director proposed sale 25,875 for $163.08, making the entire transaction worth $4,219,695.

Transmedics Group Inc (TMDX) Latest Financial update

In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported -0.78 earnings per share (EPS), lower than consensus estimate (set at -0.16) by -0.62. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.29 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 264.28% per share during the next fiscal year.

Transmedics Group Inc (NASDAQ: TMDX) Trading Performance Indicators

Take a look at Transmedics Group Inc’s (TMDX) current performance indicators. Last quarter, stock had a quick ratio of 8.48. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 15.45.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.04, a number that is poised to hit 0.29 in the next quarter and is forecasted to reach 1.85 in one year’s time.

Technical Analysis of Transmedics Group Inc (TMDX)

The latest stats from [Transmedics Group Inc, TMDX] show that its last 5-days average volume of 0.75 million was inferior to 0.77 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 75.00%. Additionally, its Average True Range was 8.82.

During the past 100 days, Transmedics Group Inc’s (TMDX) raw stochastic average was set at 90.94%, which indicates a significant increase from 74.97% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 63.46% in the past 14 days, which was higher than the 59.04% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $149.41, while its 200-day Moving Average is $104.14. Now, the first resistance to watch is $168.59. This is followed by the second major resistance level at $171.00. The third major resistance level sits at $173.99. If the price goes on to break the first support level at $163.18, it is likely to go to the next support level at $160.19. The third support level lies at $157.78 if the price breaches the second support level.

Transmedics Group Inc (NASDAQ: TMDX) Key Stats

The company with the Market Capitalisation of 5.54 billion has total of 32,937K Shares Outstanding. Its annual sales at the moment are 241,620 K in contrast with the sum of -25,030 K annual income. Company’s last quarter sales were recorded 114,310 K and last quarter income was 12,190 K.