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In the latest session, TELA Bio Inc (NASDAQ: TELA) closed at $4.70 down -8.56% from its previous closing price of $5.14. In other words, the price has decreased by -$8.56 from its previous closing price. On the day, 3.16 million shares were traded. TELA stock price reached its highest trading level at $5.395 during the session, while it also had its lowest trading level at $4.68.
Ratios:
For a deeper understanding of TELA Bio Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.23 and its Current Ratio is at 4.13. In the meantime, Its Debt-to-Equity ratio is 2.87 whereas as Long-Term Debt/Eq ratio is at 2.83.
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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Dec 05 ’23 when Firestone Gregory A. bought 2,600 shares for $5.65 per share. The transaction valued at 14,688 led to the insider holds 35,511 shares of the business.
KOBLISH ANTONY bought 11,000 shares of TELA for $49,976 on Nov 14 ’23. The Chief Executive Officer now owns 303,634 shares after completing the transaction at $4.54 per share. On Nov 14 ’23, another insider, Cuca Roberto, who serves as the COO and CFO of the company, bought 10,000 shares for $4.49 each. As a result, the insider paid 44,938 and bolstered with 62,371 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 115880376 and an Enterprise Value of 121579240. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.84 while its Price-to-Book (P/B) ratio in mrq is 8.06. Its current Enterprise Value per Revenue stands at 1.925 whereas that against EBITDA is -2.738.
Stock Price History:
Over the past 52 weeks, TELA has reached a high of $10.84, while it has fallen to a 52-week low of $4.23. The 50-Day Moving Average of the stock is -11.81%, while the 200-Day Moving Average is calculated to be -22.35%.
Shares Statistics:
For the past three months, TELA has traded an average of 153.92K shares per day and 427290 over the past ten days. A total of 24.49M shares are outstanding, with a floating share count of 17.23M. Insiders hold about 30.12% of the company’s shares, while institutions hold 47.15% stake in the company. Shares short for TELA as of 1718323200 were 929136 with a Short Ratio of 6.04, compared to 1715731200 on 1145060. Therefore, it implies a Short% of Shares Outstanding of 929136 and a Short% of Float of 6.419999999999999.
