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Behind Tandem Diabetes Care Inc’s 52-Week Range: Uncovering Opportunities for Investors

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Tandem Diabetes Care Inc saw a rather consistency, in terms of market performance. The company’s stock reached its highest point at $53.69 on 05/31/24, while the lowest price for the same duration was marked at $13.82 on 11/10/23.

52-week price history of TNDM Stock

Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. Tandem Diabetes Care Inc’s current trading price is -37.79% away from its 52-week high, while its distance from the 52-week low is 141.68%. The stock’s price range during the 52-week period has remained between $13.82 and $53.69. In the Healthcare sector, the company’s shares saw a trading volume of around 1.62 million for the day, which was evidently higher than the average daily volume of 1.25 million over the past three months.

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Market Capitalization and Financial Performance: An In-Depth Look

Tandem Diabetes Care Inc (TNDM) has experienced a quarterly decline of -10.93% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.19B and boasts a workforce of 2400 employees.

Making Sense of Trading Volume and Moving Average Data

Based on Barchart.com data, the company’s moving average over the 100-day period was 40.42, with a change in price of -9.53. Similarly, Tandem Diabetes Care Inc recorded 1,474,836 in trading volume during the last 100 days, posting a change of -22.16%.

Examining TNDM’s Debt-to-Equity Ratio: What You Need to Know

The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for TNDM stands at 2.04. Similarly, the long-term debt-to-equity ratio is also 1.79.

TNDM Stock Stochastic Average

Tandem Diabetes Care Inc’s raw stochastic average for the past 50 days is presently 16.49%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 33.78%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 34.34% and 27.19%, respectively.

TNDM Stock Price Performance Analysis

Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. Year to date metric has recorded a gain of 12.91%.However, over the last six months, we can see a stronger performance of -24.18%. Over the last 30 days, the price of TNDM has leaped by -14.62%. And in the last five days, it has surged by 6.47%.

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