On Tuesday, Tactile Systems Technology Inc (NASDAQ: TCMD) opened lower -11.12% from the last session, before settling in for the closing price of $15.11. Price fluctuations for TCMD have ranged from $9.69 to $16.95 over the past 52 weeks.
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Healthcare Sector giant saw their annual sales surged by 14.31% over the last five years. Company’s average yearly earnings per share was noted -48.36% at the time writing. With a float of $23.24 million, this company’s outstanding shares have now reached $23.60 million.
The firm has a total of 992 workers. Let’s measure their productivity. In terms of profitability, gross margin is 70.11%, operating margin of 7.53%, and the pretax margin is 7.81%.
Tactile Systems Technology Inc (TCMD) Insider Activity
A key investor’s attitude towards the stock of the Medical Devices industry is another important factor to consider. The insider ownership of Tactile Systems Technology Inc is 3.05%, while institutional ownership is 100.01%. The most recent insider transaction that took place on Aug 12 ’24, was worth 20,263. In this transaction Senior VP, Sales of this company sold 1,550 shares at a rate of $13.07, taking the stock ownership to the 38,764 shares. Before that another transaction happened on Aug 12 ’24, when Company’s Officer proposed sale 1,550 for $13.07, making the entire transaction worth $20,262.
Tactile Systems Technology Inc (TCMD) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around -48.36% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 5.00% during the next five years compared to 29.16% growth over the previous five years of trading.
Tactile Systems Technology Inc (NASDAQ: TCMD) Trading Performance Indicators
Check out the current performance indicators for Tactile Systems Technology Inc (TCMD). In the past quarter, the stock posted a quick ratio of 3.80. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.13. Likewise, its price to free cash flow for the trailing twelve months is 8.08.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.64, a number that is poised to hit 0.31 in the next quarter and is forecasted to reach 0.88 in one year’s time.
Technical Analysis of Tactile Systems Technology Inc (TCMD)
Analysing the last 5-days average volume posted by the [Tactile Systems Technology Inc, TCMD], we can find that recorded value of 0.28 million was better than the volume posted last year of 0.24 million. As of the previous 9 days, the stock’s Stochastic %D was 64.50%. Additionally, its Average True Range was 0.57.
During the past 100 days, Tactile Systems Technology Inc’s (TCMD) raw stochastic average was set at 55.40%, which indicates a significant increase from 23.46% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 56.69% in the past 14 days, which was higher than the 42.93% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $14.02, while its 200-day Moving Average is $13.87. Now, the first resistance to watch is $13.91. This is followed by the second major resistance level at $14.38. The third major resistance level sits at $14.91. If the price goes on to break the first support level at $12.91, it is likely to go to the next support level at $12.38. Should the price break the second support level, the third support level stands at $11.91.
Tactile Systems Technology Inc (NASDAQ: TCMD) Key Stats
There are currently 23,762K shares outstanding in the company with a market cap of 321.88 million. Presently, the company’s annual sales total 274,420 K according to its annual income of 28,520 K. Last quarter, the company’s sales amounted to 73,220 K and its income totaled 4,300 K.
