At the end of the latest market close, Tesla Inc. (TSLA) was valued at $410.83. In that particular session, Stock kicked-off at the price of $409.96 while reaching the peak value of $418.06 and lowest value recorded on the day was $406.46. The stock current value is $388.91.
Recently in News on October 21, 2020, Tesla Releases Third Quarter 2020 Financial Results. Tesla has released its financial results for the third quarter of 2020 by posting an update on its Investor Relations website. Please visit http://ir.tesla.com to view the update. 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 552.09%
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 -22.60% during the 52-week period from high price, and 528.78% 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 $61.85 and $502.49.
The company’s shares, operating in the sector of Consumer Cyclical managed to top a trading volume set approximately around 23816658 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 391.04%, having the revenues showcasing 43.57% 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 387.51B, as it employees total of 48016 workers.
Market experts do have their say about 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 348.39, with a change in the price was noted +179.94. In a similar fashion, Tesla Inc. posted a movement of +87.77% for the period of last 100 days, recording 67,942,148 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.
Technical breakdown of Tesla Inc. (TSLA)
Raw Stochastic average of Tesla Inc. in the period of last 50 days is set at 31.90%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 6.25%. In the last 20 days, the company’s Stochastic %K was 4.78% and its Stochastic %D was recorded 12.06%.
Bearing in mind the latest performance of Tesla Inc., several 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 391.04%. Additionally, trading for the stock in the period of the last six months notably improved by 192.90%, alongside a boost of 552.09% for the period of the last 12 months. The shares increased approximately by -3.51% in the 7-day charts and went up by -4.24% in the period of the last 30 days. Common stock shares were driven by 43.57% during last recorded quarter.