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The closing price of Tandem Diabetes Care Inc (NASDAQ: TNDM) was $33.52 for the day, down -4.85% from the previous closing price of $35.23. In other words, the price has decreased by -$4.85 from its previous closing price. On the day, 0.97 million shares were traded. TNDM stock price reached its highest trading level at $34.74 during the session, while it also had its lowest trading level at $32.96.
Ratios:
Our analysis of TNDM’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 2.32 and its Current Ratio is at 2.90. In the meantime, Its Debt-to-Equity ratio is 2.00 whereas as Long-Term Debt/Eq ratio is at 1.76.
On November 06, 2024, Bernstein started tracking the stock assigning a Outperform rating and target price of $42.
On October 04, 2024, Goldman started tracking the stock assigning a Neutral rating and target price of $46.Goldman initiated its Neutral rating on October 04, 2024, with a $46 target price.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Nov 21 ’24 when BLICKENSTAFF KIM D sold 30,000 shares for $31.38 per share. The transaction valued at 941,400 led to the insider holds 165,190 shares of the business.
BLICKENSTAFF KIM D sold 10,000 shares of TNDM for $300,000 on Nov 20 ’24. The Director now owns 195,190 shares after completing the transaction at $30.00 per share. On Nov 21 ’24, another insider, BLICKENSTAFF KIM D, who serves as the Board of Directors, Chair Emer of the company, bought 30,000 shares for $30.00 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TNDM now has a Market Capitalization of 2201476352 and an Enterprise Value of 2204118272. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.58 while its Price-to-Book (P/B) ratio in mrq is 9.26. Its current Enterprise Value per Revenue stands at 2.58 whereas that against EBITDA is -16.864.
Stock Price History:
The Beta on a monthly basis for TNDM is 1.39, which has changed by 0.43503058 over the last 52 weeks, in comparison to a change of 0.21313763 over the same period for the S&P500. Over the past 52 weeks, TNDM has reached a high of $53.69, while it has fallen to a 52-week low of $22.03. The 50-Day Moving Average of the stock is -4.56%, while the 200-Day Moving Average is calculated to be -14.99%.
Shares Statistics:
TNDM traded an average of 1.15M shares per day over the past three months and 763790 shares per day over the past ten days. A total of 65.65M shares are outstanding, with a floating share count of 65.02M. Insiders hold about 1.00% of the company’s shares, while institutions hold 117.58% stake in the company. Shares short for TNDM as of 1738281600 were 6930585 with a Short Ratio of 6.23, compared to 1735603200 on 7088452. Therefore, it implies a Short% of Shares Outstanding of 6930585 and a Short% of Float of 16.33.
