Turtle Beach Corp (NASDAQ: TBCH) is -38.07% lower on its value in year-to-date trading and has touched a low of $8.78 and a high of $19.50 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 TBCH stock was last observed hovering at around $9.84 in the last trading session, with the day’s gains setting it 0.88%.
Currently trading at $10.72, the stock is -1.06% and -15.58% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.06 million and changing 8.94% at the moment leaves the stock -29.86% off its SMA200. TBCH registered -27.12% loss for a year compared to 6-month loss of -31.33%.
The stock witnessed a -11.40% gain in the last 1 month and extending the period to 3 months gives it a -38.85%, and is 2.98% up 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 9.54% over the week and 7.28% over the month.
Turtle Beach Corp (TBCH) has around 300 employees, a market worth around $215.69M and $380.82M in sales. Current P/E ratio is 14.78 and Fwd P/E is 8.59. Profit margin for the company is 4.03%. Distance from 52-week low is 22.10% and -45.03% from its 52-week high. The company has generated returns on investments over the last 12 months (9.23%).
The EPS is expected to grow by 11.84% this year.
Turtle Beach Corp (TBCH) Top Institutional Holders
The shares outstanding are 19.85M, and float is at 13.06M with Short Float at 13.66%.
Turtle Beach Corp (TBCH) Insider Activity
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Turtle Beach Corp disclosed in a document filed with the SEC on Nov 21 ’24 that Ballard Lloyd Gregory (Director) sold a total of 5,542 shares of the company’s common stock. The trade occurred on Nov 21 ’24 and was made at $15.00 per share for $83130.0. Following the transaction, the insider now directly holds 37123.0 shares of the TBCH stock.
Still, SEC filings show that on Nov 20 ’24, Keirn Cris (CEO) acquired 3,000 shares at an average price of $14.86 for $44580.0. The insider now directly holds 35,648 shares of Turtle Beach Corp (TBCH).
