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As of close of business last night, TELA Bio Inc’s stock clocked out at $3.08, up 2.84% from its previous closing price of $2.99. In other words, the price has increased by $2.84 from its previous closing price. On the day, 0.56 million shares were traded. TELA stock price reached its highest trading level at $3.26 during the session, while it also had its lowest trading level at $2.91.
Ratios:
To gain a deeper understanding of TELA’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.81 and its Current Ratio is at 2.62.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Lake Street on May 31, 2022, initiated with a Buy rating and assigned the stock a target price of $17.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Oct 24 ’24 when Cuca Roberto bought 64,444 shares for $2.25 per share. The transaction valued at 144,999 led to the insider holds 155,388 shares of the business.
Talmo Paul bought 22,222 shares of TELA for $50,000 on Oct 24 ’24. The Chief Technology Officer now owns 91,082 shares after completing the transaction at $2.25 per share. On Oct 24 ’24, another insider, KOBLISH ANTONY, who serves as the Chief Executive Officer of the company, bought 88,888 shares for $2.25 each. As a result, the insider paid 199,998 and bolstered with 458,897 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TELA now has a Market Capitalization of 121105184 and an Enterprise Value of 90314256. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.69. Its current Enterprise Value per Revenue stands at 1.395 whereas that against EBITDA is -1.982.
Stock Price History:
Over the past 52 weeks, TELA has reached a high of $7.84, while it has fallen to a 52-week low of $2.30. The 50-Day Moving Average of the stock is 15.93%, while the 200-Day Moving Average is calculated to be -33.21%.
Shares Statistics:
It appears that TELA traded 245.48K shares on average per day over the past three months and 311640 shares per day over the past ten days. A total of 36.71M shares are outstanding, with a floating share count of 25.55M. Insiders hold about 30.40% of the company’s shares, while institutions hold 46.68% stake in the company. Shares short for TELA as of 1728950400 were 1535415 with a Short Ratio of 6.25, compared to 1726185600 on 1702152. Therefore, it implies a Short% of Shares Outstanding of 1535415 and a Short% of Float of 10.569999.
