Tactile Systems Technology Inc (NASDAQ: TCMD) on Friday, soared 7.40% from the previous trading day, before settling in for the closing price of $23.93. Within the past 52 weeks, TCMD’s price has moved between $8.61 and $25.42.
Over the past five-year period, the growth rate of yearbook sales for the company of the Healthcare sector was 4.69%. The company achieved an average annual earnings per share of 13.57%. With a float of $21.48 million, this company’s outstanding shares have now reached $22.34 million.
Tactile Systems Technology Inc (TCMD) Insider Activity
Observing investor behavior towards Medical Devices industry stocks is more important than anything else. The insider ownership of Tactile Systems Technology Inc is 3.81%, while institutional ownership is 92.86%. The most recent insider transaction that took place on Aug 08 ’25, was worth 95,907. In this transaction Chief Executive Officer of this company sold 7,762 shares at a rate of $12.36, taking the stock ownership to the 173,479 shares. Before that another transaction happened on Aug 08 ’25, when Company’s Officer proposed sale 7,762 for $12.36, making the entire transaction worth $95,906.
Tactile Systems Technology Inc (TCMD) Earnings and Forecasts
As on 12/31/2024, Multinational firm has announced its last quarter scores, in which it reported 0.4 earnings per share (EPS) for the period topping the consensus outlook (set at 0.28) by 0.12. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.05 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 13.57% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 22.60% during the next five years compared to 4.69% growth over the previous five years of trading.
Tactile Systems Technology Inc (NASDAQ: TCMD) Trading Performance Indicators
Tactile Systems Technology Inc (TCMD) is currently performing well based on its current performance indicators. A quick ratio of 3.20 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.84. Likewise, its price to free cash flow for the trailing twelve months is 14.52.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.77, a number that is poised to hit 0.44 in the next quarter and is forecasted to reach 1.02 in one year’s time.
Technical Analysis of Tactile Systems Technology Inc (TCMD)
Compared to the last year’s volume of 0.29 million, its volume of 0.55 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 67.04%.
During the past 100 days, Tactile Systems Technology Inc’s (TCMD) raw stochastic average was set at 99.03%, which indicates a significant increase from 96.86% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 1.46 in the past 14 days, which was higher than the 0.57 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $17.20, while its 200-day Moving Average is $13.48. Nevertheless, the first resistance level for the watch stands at $26.45 in the near term. At $27.21, the stock is likely to face the second major resistance level. The third major resistance level sits at $28.55. If the price goes on to break the first support level at $24.35, it is likely to go to the next support level at $23.01. Should the price break the second support level, the third support level stands at $22.25.
Tactile Systems Technology Inc (NASDAQ: TCMD) Key Stats
Market capitalization of the company is 574.02 million based on 22,336K outstanding shares. Right now, sales total 292,980 K and income totals 16,960 K. The company made 85,760 K in profit during its latest quarter, and 8,210 K in sales during its previous quarter.
