Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. TELA Bio Inc’s current trading price is -64.63% away from its 52-week high, while its distance from the 52-week low is 15.65%. The stock’s price range over this period has fluctuated between $2.30 and $7.52. The company, operating within the financial sector, had a trading volume of approximately 1.0 million for the day, which was noticeably higher than the average daily share volume of 0.18 million over the last 3 months.
TELA Bio Inc saw a rather unpredictable run in, in terms of market performance. The company’s stock reached its highest point at $7.52 on 02/12/24, while the lowest price for the same duration was marked at $2.30 on 10/10/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
TELA Bio Inc (TELA) has experienced a quarterly decline of -6.67% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 104.78M and boasts a workforce of 227 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 2.76, with a change in price of -0.12. Similarly, TELA Bio Inc recorded 214,490 in trading volume during the last 100 days, posting a change of -4.32%.
TELA Stock Stochastic Average
Today, TELA Bio Inc’s raw stochastic average for the past 50 days stands at 21.74%, indicating a decline from the raw stochastic average of the last 20 days, which was 25.45%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 30.54% and 26.28% respectively.
TELA Stock Price Performance Analysis
The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. Year to date metric has recorded a loss of -11.92%.However, over the last six months, we can see a stronger performance of -39.95%. Over the last 30 days, the price of TELA has leaped by -8.59%. And in the last five days, it has surged by 0.38%.
