Teladoc Health Inc (NYSE: TDOC) is 2.97% higher on its value in year-to-date trading and has touched a low of $6.76 and a high of $21.74 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The TDOC stock was last observed hovering at around $9.70 in the last trading session, with the day’s loss setting it -0.34%.
Currently trading at $9.36, the stock is -2.74% and -5.69% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 9.74 million and changing -3.51% at the moment leaves the stock -6.81% off its SMA200. TDOC registered -55.02% loss for a year compared to 6-month gain of 1.08%. The firm has a 50-day simple moving average (SMA 50) of $9.9152 and a 200-day simple moving average (SMA200) of $10.07345.
The stock witnessed a -11.53% loss in the last 1 month and extending the period to 3 months gives it a 1.74%, and is -5.74% 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 7.22% over the week and 6.37% over the month.
Teladoc Health Inc (TDOC) has around 5600 employees, a market worth around $1.61B and $2.59B in sales. Profit margin for the company is -37.91%. Distance from 52-week low is 38.46% and -56.95% from its 52-week high. The company has generated returns on investments over the last 12 months (-38.72%).
The EPS is expected to shrink by -334.37% this year.
Teladoc Health Inc (TDOC) Top Institutional Holders
518.0 institutions hold shares in Teladoc Health Inc (TDOC), with institutional investors hold 77.60% of the company’s shares. The shares outstanding are 171.94M, and float is at 168.52M with Short Float at 13.96%. Institutions hold 76.97% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 21.61 million shares valued at $211.35 million. The investor’s holdings represent 12.8843% of the TDOC Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 17.22 million shares valued at $168.38 million to account for 10.2643 of the shares outstanding. The other top investors are ARK INVESTMENT MANAGEMENT LLC which holds 7.48 million shares representing 4.4603% and valued at over $73.17 million, while STATE STREET CORP holds 3.4698 of the shares totaling 5.82 million with a market value of $56.92 million.
Teladoc Health Inc (TDOC) Insider Activity
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Still, SEC filings show that on Dec 03 ’24, Nueno Carlos (President, International) disposed off 2,890 shares at an average price of $11.23 for $32455.0. The insider now directly holds 0 shares of Teladoc Health Inc (TDOC).
