Teladoc Health Inc (TDOC) is gearing up for another turning point as it hit the volume of 5.06 million

On Monday, Teladoc Health Inc (NYSE: TDOC) was 8.51% up from the session before settling in for the closing price of $8.46. A 52-week range for TDOC has been $6.76 – $22.54.

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During the last 5-year period, the sales growth of Healthcare Sector giant was 48.49%. When this article was written, the company’s average yearly earnings per share was at -334.55%. With a float of $168.58 million, this company’s outstanding shares have now reached $171.22 million.

Let’s determine the extent of company efficiency that accounts for 5600 employees.

Teladoc Health Inc (TDOC) Insider Activity

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Teladoc Health Inc stocks. The insider ownership of Teladoc Health Inc is 1.54%, while institutional ownership is 80.83%. The most recent insider transaction that took place on Sep 16 ’24, was worth 81,773. Before that another transaction happened on Sep 12 ’24, when Company’s Director bought 4,000 for $7.69, making the entire transaction worth $30,756. This insider now owns 39,077 shares in total.

Teladoc Health Inc (TDOC) Earnings and Forecasts

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According to the Wall Street analysts, stocks earnings will be around -334.55% per share during the next fiscal year.

Teladoc Health Inc (NYSE: TDOC) Trading Performance Indicators

You can see what Teladoc Health Inc (TDOC) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.59. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.60. Likewise, its price to free cash flow for the trailing twelve months is 4.87.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -5.93, a number that is poised to hit -0.27 in the next quarter and is forecasted to reach -0.87 in one year’s time.

Technical Analysis of Teladoc Health Inc (TDOC)

Looking closely at Teladoc Health Inc (NYSE: TDOC), its last 5-days average volume was 5.27 million, which is a drop from its year-to-date volume of 5.55 million. As of the previous 9 days, the stock’s Stochastic %D was 31.67%. Additionally, its Average True Range was 0.46.

During the past 100 days, Teladoc Health Inc’s (TDOC) raw stochastic average was set at 36.39%, which indicates a significant decrease from 83.40% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 66.05% in the past 14 days, which was higher than the 53.07% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $7.97, while its 200-day Moving Average is $13.30. However, in the short run, Teladoc Health Inc’s stock first resistance to watch stands at $9.51. Second resistance stands at $9.85. The third major resistance level sits at $10.40. If the price goes on to break the first support level at $8.62, it is likely to go to the next support level at $8.07. Should the price break the second support level, the third support level stands at $7.73.

Teladoc Health Inc (NYSE: TDOC) Key Stats

There are 169,588K outstanding shares of the company, which has a market capitalization of 1.57 billion. As of now, sales total 2,602 M while income totals -220,370 K. Its latest quarter income was 642,440 K while its last quarter net income were -837,670 K.