On Friday, TELA Bio Inc (NASDAQ: TELA) was -9.97% drop from the session before settling in for the closing price of $1.11. A 52-week range for TELA has been $0.86 – $3.20.
Over the past five-year period, the growth rate of yearbook sales for the company of the Healthcare sector was 12.91%. When this article was written, the company’s average yearly earnings per share was at 39.25%. With a float of $31.89 million, this company’s outstanding shares have now reached $40.34 million.
TELA Bio Inc (TELA) Insider Activity
Also, it is sometimes useful to examine the sentiment of large-scale investors toward TELA Bio Inc stocks. The insider ownership of TELA Bio Inc is 19.49%, while institutional ownership is 58.40%.
TELA Bio Inc (TELA) Earnings and Forecasts
Going through the last 3-months fiscal report unveiled on the 12/31/2024, it has been observed that the corporation posted -0.23 earnings per share (EPS) during the time that was less than consensus figure (set at -0.22) by -0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.16 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 39.25% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 40.51% during the next five years compared to 12.91% growth over the previous five years of trading.
TELA Bio Inc (NASDAQ: TELA) Trading Performance Indicators
You can see what TELA Bio Inc (TELA) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 2.62. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.51.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.89, a number that is poised to hit -0.16 in the next quarter and is forecasted to reach -0.54 in one year’s time.
Technical Analysis of TELA Bio Inc (TELA)
Compared to the last year’s volume of 0.16 million, its volume of 0.41 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 12.07%.
During the past 100 days, TELA Bio Inc’s (TELA) raw stochastic average was set at 5.46%, which indicates a significant decrease from 12.05% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.1312 in the past 14 days, which was lower than the 0.1465 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.4433, while its 200-day Moving Average is $1.6748. Nevertheless, the first resistance level for the watch stands at $1.0562 in the near term. At $1.1131, the stock is likely to face the second major resistance level. The third major resistance level sits at $1.1762. If the price goes on to break the first support level at $0.9362, it is likely to go to the next support level at $0.8731. Should the price break the second support level, the third support level stands at $0.8162.
TELA Bio Inc (NASDAQ: TELA) Key Stats
There are 39,616K outstanding shares of the company, which has a market capitalization of 39.59 million. As of now, sales total 69,300 K while income totals -37,840 K. Its latest quarter income was 20,200 K while its last quarter net income were -9,920 K.
