Tandem Diabetes Care, Inc. (NASDAQ:TNDM) went up by 1.70% from its latest closing price when compared to the 1-year high value of $92.95 and move down -5.85%, while TNDM stocks collected -3.57% of loss with the last five trading sessions. Press Release reported 15 hours ago that Abbott and Tandem Diabetes Care Advance Development of Integrated Technologies for Future Automated Insulin Delivery Systems
Tandem Diabetes Care, Inc. (NASDAQ:TNDM) Worth an Investment?
Tandem Diabetes Care, Inc. (NASDAQ: TNDM) The 36 Months beta value for TNDM stocks is at 0.55, while of the analysts out of 0 who provided ratings for Tandem Diabetes Care, Inc. stocks as a “buy” while as overweight, rated it as hold and as sell. The average price we get from analysts is $95.31 which is $5.34 above current price. TNDM currently has a short float of 7.03% and public float of 57.03M with average trading volume of 1.24M shares.
TNDM Market Performance
TNDM stocks went down by -3.57% for the week, with the monthly jump of 5.60% and a quarterly performance of 29.09%, while its annual performance rate touched 36.10%. The simple moving average for the period of the last 20 days is 4.77% for TNDM stocks with the simple moving average of 26.01% for the last 200 days.
Analysts’ Opinion on Tandem Diabetes Care, Inc. (NASDAQ:TNDM)
Many brokerage firms have already submitted their reports for TNDM stocks, with Raymond James repeating the rating for TNDM shares by setting it to “Outperform”. The predicted price for TNDM socks in the upcoming period according to Raymond James is $95 based on the research report published on June 18, 2020.
SVB Leerink, on the other hand, stated in their research note that they expect to see TNDM stock at the price of $95. The rating they have provided for TNDM stocks is “Mkt Perform” according to the report published on April 24, 2020.
Guggenheim gave “ Neutral” rating to TNDM stocks, setting the target price at $95 in the report published on March 23, 2020.
TNDM Stocks 6.63% Far from 50 Day Moving Average
After a stumble in the market that brought TNDM to its low price for the period of the last 52 weeks, Tandem Diabetes Care, Inc. was unable to take a rebound, for now settling with -5.53% of loss for the given period.
The stock volatility was left at 5.20%, however, within the period of a single month, the volatility rate increased by 4.45%, while the shares surge at the distance of +3.68% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by +20.39% upper at the present time.
In the course of the last 5 trading sessions, TNDM went down by -3.57%, which changed the moving average for the period of 200 days to the total of +38.44% of gains for the stock in comparison to the 20-day moving average settled at $83.97. In addition, Tandem Diabetes Care, Inc. saw 47.31% in overturn over the period of a single year with a tendency to cut further gains.
TNDM Stock Insider Trading
Reports are indicating that there were more than several insider trading activities at Tandem Diabetes Care, Inc. (TNDM), starting from BERGER DAVID B, who sold 2,000 shares at the price of $81.81 back on Jun 03. After this action, Rushing now owns 4,566 shares of Tandem Diabetes Care, Inc., valued at $163,623 with the latest closing price.
TWOMEY CHRISTOPHER J, the Director of Tandem Diabetes Care, Inc., sold 7,500 shares at the value of $90.03 during a trade that took place back on May 07, which means that TWOMEY CHRISTOPHER J is holding 22,500 shares at the value of $675,215 based on the most recent closing price.
TNDM Stock Fundamentals
The current profitability levels are settled at -4.62 for the present operating margin and +52.01 for gross margin. The net margin for Tandem Diabetes Care, Inc. stands at -6.83. Total capital return value is set at -9.65, while invested capital returns managed to touch -14.55. Equity return holds the value -9.30%, with -5.50% for asset returns.
Based on Tandem Diabetes Care, Inc. (TNDM), the company’s capital structure generated 10.45 points for debt to equity in total, while total debt to capital is set at the value of 9.46. Total debt to assets is settled at the value of 6.25 with long-term debt to equity ratio rests at -214.38 and long-term debt to capital is 7.21.
The value for Enterprise to Sales is 9.20 with debt to enterprise value settled at 0.01. The receivables turnover for Tandem Diabetes Care, Inc. is 8.86 with the total asset turnover at the value of 1.36. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.78.