For the readers interested in the stock health of Tesla Inc. (TSLA). It is currently valued at $429.99. When the transactions were called off in the previous session, Stock hit the highs of $431.75, after setting-off with the price of $431.75. Company’s stock value dipped to $419.0501 during the trading on the day. When the trading was stopped its value was $421.94.
Recently in News on October 8, 2020, Tesla Announces Date for Third Quarter 2020 Financial Results and Webcast. Tesla will post its financial results for the third quarter of 2020 after market close on Wednesday, October 21, 2020. At that time, Tesla will issue a brief advisory containing a link to the Q3 2020 update, which will be available on Tesla’s Investor Relations website. Tesla management will hold a live question and answer webcast that day at 2:30 p.m. Pacific Time (5:30 p.m. Eastern Time) to discuss the Company’s financial and business results and outlook. You can read further details here
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Tesla Inc. had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $502.49 on 09/01/20, with the lowest value was $70.10 for the same time period, recorded on 03/18/20.
Tesla Inc. (TSLA) full year performance was 732.23%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Tesla Inc. shares are logging -14.43% during the 52-week period from high price, and 759.36% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $50.04 and $502.49.
The company’s shares, operating in the sector of Consumer Cyclical managed to top a trading volume set approximately around 13616744 for the day, which was evidently lower, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Tesla Inc. (TSLA) recorded performance in the market was 404.31%, having the revenues showcasing 32.49% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 401.40B, as it employees total of 48016 workers.
Analysts verdict on Tesla Inc. (TSLA)
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 332.38, with a change in the price was noted +249.15. In a similar fashion, Tesla Inc. posted a movement of +138.71% for the period of last 100 days, recording 69,908,570 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for TSLA is recording 1.43 at the time of this writing. In addition, long term Debt to Equity ratio is set at 1.06.
Tesla Inc. (TSLA): Technical Analysis
Raw Stochastic average of Tesla Inc. in the period of last 50 days is set at 65.79%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 67.60%. In the last 20 days, the company’s Stochastic %K was 66.21% and its Stochastic %D was recorded 70.94%.
Let’s take a glance in the erstwhile performances of Tesla Inc., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 404.31%. Additionally, trading for the stock in the period of the last six months notably improved by 188.17%, alongside a boost of 732.23% for the period of the last 12 months. The shares increased approximately by -5.53% in the 7-day charts and went up by -6.11% in the period of the last 30 days. Common stock shares were driven by 32.49% during last recorded quarter.