Teladoc Health Inc (TDOC) concluded trading on Wednesday at a closing price of $14.58, with 4.09 million shares of worth about $59.58 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -36.33% during that period and on Wednesday the price saw a gain of about 1.32%. Currently the company’s common shares owned by public are about 166.66M shares, out of which, 165.38M shares are available for trading.
However, the stock later moved at a day high price of 14.99, or with a gain of 1.32%. Stock saw a price change of -3.38% in past 5 days and over the past one month there was a price change of -23.22%. Year-to-date (YTD), TDOC shares are showing a performance of -32.34% which decreased to -42.96% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $14.29 but also hit the highest price of $30.41 during that period. The average intraday trading volume for Teladoc Health Inc shares is 4.83 million. The stock is currently trading -17.96% below its 20-day simple moving average (SMA20), while that difference is down -25.58% for SMA50 and it goes to -30.75% lower than SMA200.
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Teladoc Health Inc (NYSE: TDOC) currently have 166.66M outstanding shares and institutions hold larger chunk of about 77.43% of that.
The stock has a current market capitalization of $2.44B and its 3Y-monthly beta is at 0.95. It has posted earnings per share of -$1.34 in the same period. It has Quick Ratio of 3.39 while making debt-to-equity ratio of 0.68. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for TDOC, volatility over the week remained 3.36% while standing at 4.09% over the month.
Stock’s fiscal year EPS is expected to rise by 21.84% while it is estimated to increase by 34.25% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Cantor Fitzgerald on February 29, 2024 offering an Overweight rating for the stock and assigned a target price of $22 to it. Coverage by Leerink Partners stated Teladoc Health Inc (TDOC) stock as a Market perform in their note to investors on February 26, 2024, suggesting a price target of $17 for the stock. On January 17, 2024, DA Davidson Downgrade their recommendations, while on January 03, 2024, Barclays Initiated their ratings for the stock with a price target of $26. Stock get an Equal-weight rating from Stephens on April 12, 2023.
