Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
In the latest session, Tandem Diabetes Care Inc (NASDAQ: TNDM) closed at $35.00 down -0.85% from its previous closing price of $35.30. In other words, the price has decreased by -$0.85 from its previous closing price. On the day, 0.94 million shares were traded. TNDM stock price reached its highest trading level at $35.9 during the session, while it also had its lowest trading level at $34.99.
Ratios:
For a deeper understanding of Tandem Diabetes Care Inc’s stock, let’s take a closer look at its various ratios. 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:
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 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 2298677504 and an Enterprise Value of 2301319680. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.69 while its Price-to-Book (P/B) ratio in mrq is 9.67. Its current Enterprise Value per Revenue stands at 2.694 whereas that against EBITDA is -17.608.
Stock Price History:
The Beta on a monthly basis for TNDM is 1.32, which has changed by 0.5354502 over the last 52 weeks, in comparison to a change of 0.24359846 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 $21.85. The 50-Day Moving Average of the stock is 4.74%, while the 200-Day Moving Average is calculated to be -10.75%.
Shares Statistics:
For the past three months, TNDM has traded an average of 1.35M shares per day and 1074560 over the past ten days. A total of 65.65M shares are outstanding, with a floating share count of 65.18M. Insiders hold about 0.75% of the company’s shares, while institutions hold 112.24% stake in the company. Shares short for TNDM as of 1735603200 were 7088452 with a Short Ratio of 5.26, compared to 1732838400 on 6924274. Therefore, it implies a Short% of Shares Outstanding of 7088452 and a Short% of Float of 16.700001.
