Teladoc Health Inc (TDOC) average volume reaches $5.54M: Is Wall Street expecting a rally?

Teladoc Health Inc (NYSE: TDOC) kicked off on Monday, down -1.74% from the previous trading day, before settling in for the closing price of $9.21. Over the past 52 weeks, TDOC has traded in a range of $6.76-$22.54.

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Over the past five-year period, the growth rate of yearbook sales for the company of the Healthcare sector was 48.49%. While this was happening, its average annual earnings per share was recorded -334.17%. With a float of $168.52 million, this company’s outstanding shares have now reached $172.17 million.

Considering the fact that the conglomerate employs 5600 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 63.31%, operating margin of -9.96%, and the pretax margin is -37.49%.

Teladoc Health Inc (TDOC) Insider Activity

Our next focus will be how large-scale investors are participating in this stock of the Health Information Services Industry. The insider ownership of Teladoc Health Inc is 2.12%, while institutional ownership is 73.72%. The most recent insider transaction that took place on Nov 15 ’24, was worth 317,512. Before that another transaction happened on Nov 12 ’24, when Company’s Former Officer proposed sale 60,000 for $9.58, making the entire transaction worth $574,800.

Teladoc Health Inc (TDOC) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around -334.17% per share during the next fiscal year.

Teladoc Health Inc (NYSE: TDOC) Trading Performance Indicators

Take a look at Teladoc Health Inc’s (TDOC) current performance indicators. Last quarter, stock had a quick ratio of 1.65. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.62. Likewise, its price to free cash flow for the trailing twelve months is 4.83.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -5.78, a number that is poised to hit -0.23 in the next quarter and is forecasted to reach -0.89 in one year’s time.

Technical Analysis of Teladoc Health Inc (TDOC)

Compared to the last year’s volume of 5.53 million, its volume of 6.34 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 32.18%. Additionally, its Average True Range was 0.61.

During the past 100 days, Teladoc Health Inc’s (TDOC) raw stochastic average was set at 58.72%, which indicates a significant increase from 40.68% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 51.15% in the past 14 days, which was lower than the 56.99% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $8.93, while its 200-day Moving Average is $11.25. Nevertheless, the first resistance level for the watch stands at $9.37 in the near term. At $9.69, the stock is likely to face the second major resistance level. The third major resistance level sits at $9.90. If the price goes on to break the first support level at $8.84, it is likely to go to the next support level at $8.63. Should the price break the second support level, the third support level stands at $8.31.

Teladoc Health Inc (NYSE: TDOC) Key Stats

The company with the Market Capitalisation of 1.60 billion has total of 172,167K Shares Outstanding. Its annual sales at the moment are 2,602 M in contrast with the sum of -220,370 K annual income. Company’s last quarter sales were recorded 640,510 K and last quarter income was -33,280 K.