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The closing price of Tandem Diabetes Care Inc (NASDAQ: TNDM) was $34.23 for the day, up 1.94% from the previous closing price of $33.58. In other words, the price has increased by $1.94 from its previous closing price. On the day, 0.99 million shares were traded. TNDM stock price reached its highest trading level at $34.43 during the session, while it also had its lowest trading level at $32.7301.
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 2248106496 and an Enterprise Value of 2250748672. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.63 while its Price-to-Book (P/B) ratio in mrq is 9.45. Its current Enterprise Value per Revenue stands at 2.634 whereas that against EBITDA is -17.221.
Stock Price History:
Over the past 52 weeks, TNDM has reached a high of $53.69, while it has fallen to a 52-week low of $21.85. The 50-Day Moving Average of the stock is 4.64%, while the 200-Day Moving Average is calculated to be -11.48%.
Shares Statistics:
TNDM traded an average of 1.40M shares per day over the past three months and 1263780 shares per day over the past ten days. A total of 65.65M shares are outstanding, with a floating share count of 65.20M. Insiders hold about 0.72% of the company’s shares, while institutions hold 112.78% stake in the company. Shares short for TNDM as of 1732838400 were 6924274 with a Short Ratio of 4.94, compared to 1730332800 on 8392280. Therefore, it implies a Short% of Shares Outstanding of 6924274 and a Short% of Float of 16.319999.
