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Is Teladoc Health Inc (TDOC) a good stock to buy now?

Teladoc Health Inc (NYSE: TDOC) is -57.54% lower on its value in year-to-date trading and has touched a low of $9.07 and a high of $30.41 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The TDOC stock was last observed hovering at around $9.26 in the last trading session, with the day’s loss setting it -0.11%.

Currently trading at $9.15, the stock is -7.60% and -18.71% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.59 million and changing -1.19% at the moment leaves the stock -43.46% off its SMA200. TDOC registered -59.46% loss for a year compared to 6-month loss of -57.24%.

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The stock witnessed a -17.04% gain in the last 1 month and extending the period to 3 months gives it a -37.41%, and is -1.82% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.82% over the week and 4.35% over the month.

Teladoc Health Inc (TDOC) has around 5600 employees, a market worth around $1.55B and $2.62B in sales. Profit margin for the company is -8.90%. Distance from 52-week low is 0.88% and -69.91% from its 52-week high. The company has generated returns on investments over the last 12 months (-6.02%).

The EPS is expected to grow by 21.00% this year.

Teladoc Health Inc (TDOC) Top Institutional Holders

The shares outstanding are 169.59M, and float is at 167.31M with Short Float at 16.18%.

Teladoc Health Inc (TDOC) Insider Activity

The most recent transaction is an insider sale by Nanis Nikolaos P.,the company’sChief Technology Officer. SEC filings show that Nanis Nikolaos P. sold 442 shares of the company’s common stock on Jul 02 ’24 at a price of $9.39 per share for a total of $4150.0. Following the sale, the insider now owns 73226.0 shares.

Teladoc Health Inc disclosed in a document filed with the SEC on Jun 04 ’24 that Raman-Tangella Vidya (CHIEF MEDICAL OFFICER) sold a total of 468 shares of the company’s common stock. The trade occurred on Jun 04 ’24 and was made at $11.04 per share for $5167.0. Following the transaction, the insider now directly holds 27280.0 shares of the TDOC stock.

Still, SEC filings show that on Jun 03 ’24, Murthy Mala (ACTING CEO, CFO) disposed off 8,807 shares at an average price of $11.16 for $98260.0. The insider now directly holds 78,713 shares of Teladoc Health Inc (TDOC).

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