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In the latest session, Tandem Diabetes Care Inc (NASDAQ: TNDM) closed at $31.10 down -0.86% from its previous closing price of $31.37. In other words, the price has decreased by -$0.86 from its previous closing price. On the day, 1.31 million shares were traded. TNDM stock price reached its highest trading level at $31.755 during the session, while it also had its lowest trading level at $30.28.
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.
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:
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 May 30 ’24 when Allen Dick sold 5,000 shares for $51.68 per share. The transaction valued at 258,400 led to the insider holds 0 shares of the business.
Allen Dick bought 5,000 shares of TNDM for $94,778 on Nov 27 ’23. The Director now owns 19,962 shares after completing the transaction at $18.96 per share.
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 2042539136 and an Enterprise Value of 2045181184. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.39 while its Price-to-Book (P/B) ratio in mrq is 8.59. Its current Enterprise Value per Revenue stands at 2.394 whereas that against EBITDA is -15.648.
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 $14.33. The 50-Day Moving Average of the stock is -18.75%, while the 200-Day Moving Average is calculated to be -17.97%.
Shares Statistics:
For the past three months, TNDM has traded an average of 1.27M shares per day and 1818350 over the past ten days. A total of 65.55M shares are outstanding, with a floating share count of 65.16M. Insiders hold about 0.79% of the company’s shares, while institutions hold 114.00% stake in the company. Shares short for TNDM as of 1728950400 were 9091488 with a Short Ratio of 6.62, compared to 1726185600 on 10420051. Therefore, it implies a Short% of Shares Outstanding of 9091488 and a Short% of Float of 21.530001000000002.
