A stock’s 52-week high and low prices can offer a wealth of information about its current standing and prospective future performance. Teladoc Health Inc’s current trading price is -51.61% away from its 52-week high, while its distance from the 52-week low is 55.62%. The stock’s price range for this time frame has been between $6.76 and $21.74. The trading volume of the company’s shares in the Healthcare reached around 3.96 million for the day, which was evidently lower than the average daily volume of 5.31 million over the last three months.
The stock market performance of Teladoc Health Inc has been fairly unsteady. Over the last year, the company’s stock hit its highest at $21.74 on 02/15/24, while the lowest price during the same time frame was $6.76, recorded on 08/28/24.
How Financial Performance Impacts Market Capitalization
Teladoc Health Inc (TDOC) has experienced a quarterly rise of 22.33% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.81B and boasts a workforce of 5600 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 9.40, with a change in price of +3.14. Similarly, Teladoc Health Inc recorded 5,178,808 in trading volume during the last 100 days, posting a change of +42.55%.
How TDOC’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for TDOC stands at 1.05. Similarly, the long-term debt-to-equity ratio is also 0.68.
TDOC Stock Stochastic Average
The raw stochastic average for Teladoc Health Inc over the last 50 days is presently at 48.79%. This reflects a drop from the raw stochastic average of the previous 20 days, which was noted at 91.18%. Further, the company’s Stochastic %K and %D values for the last 20 days were 78.53% and 72.50%, respectively.
TDOC 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 15.73%.However, over the last six months, we can see a weaker performance of 12.27%. Over the last 30 days, the price of TDOC has fallen by 13.61%. And in the last five days, it has surged by 10.74%.
