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The closing price of Tandem Diabetes Care Inc (NASDAQ: TNDM) was $30.42 for the day, down -1.27% from the previous closing price of $30.81. In other words, the price has decreased by -$1.27 from its previous closing price. On the day, 1.33 million shares were traded. TNDM stock price reached its highest trading level at $31.115 during the session, while it also had its lowest trading level at $30.18.
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.
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, Bernstein on November 06, 2024, initiated with a Outperform rating and assigned the stock a target price of $42.
On October 04, 2024, Goldman started tracking the stock assigning a Neutral rating and target price of $46.
On October 02, 2024, RBC Capital Mkts started tracking the stock assigning a Outperform rating and target price of $65.RBC Capital Mkts initiated its Outperform rating on October 02, 2024, with a $65 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 1997879168 and an Enterprise Value of 2000521088. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.34 while its Price-to-Book (P/B) ratio in mrq is 8.40. Its current Enterprise Value per Revenue stands at 2.342 whereas that against EBITDA is -15.307.
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 $18.45. The 50-Day Moving Average of the stock is -15.29%, while the 200-Day Moving Average is calculated to be -20.35%.
Shares Statistics:
TNDM traded an average of 1.33M shares per day over the past three months and 1647680 shares per day over the past ten days. A total of 65.55M shares are outstanding, with a floating share count of 65.14M. Insiders hold about 0.81% of the company’s shares, while institutions hold 112.73% stake in the company. Shares short for TNDM as of 1730332800 were 8392280 with a Short Ratio of 6.30, compared to 1727654400 on 10073142. Therefore, it implies a Short% of Shares Outstanding of 8392280 and a Short% of Float of 19.790001.
