Tesla Inc. (NASDAQ: TSLA)’s stock price has decreased by -3.31 compared to its previous closing price of 185.77. However, the company has seen a 3.31% increase in its stock price over the last five trading sessions. WSJ Video reported 17 hours ago that Elon Musk on AI, China, Tesla and Succession Planning
Is It Worth Investing in Tesla Inc. (NASDAQ: TSLA) Right Now?
Tesla Inc. (NASDAQ: TSLA) has a price-to-earnings ratio of 54.69x that is above its average ratio. Additionally, the 36-month beta value for TSLA is 2.00. There are mixed opinions on the stock, with 19 analysts rating it as a “buy,” 4 rating it as “overweight,” 18 rating it as “hold,” and 5 rating it as “sell.”
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The average price predicted by analysts for TSLA is $190.36, which is $1.59 above the current price. The public float for TSLA is 2.64B and currently, short sellers hold a 3.60% ratio of that float. The average trading volume of TSLA on May 24, 2023 was 133.56M shares.
TSLA’s Market Performance
TSLA stock saw an increase of 3.31% in the past week, with a monthly gain of 11.79% and a quarterly increase of -11.11%. The volatility ratio for the week is 3.90%, and the volatility levels for the last 30 days are 3.81% for Tesla Inc. (TSLA). The simple moving average for the last 20 days is 6.28% for TSLA stock, with a simple moving average of -10.97% for the last 200 days.
TSLA Trading at 0.64% from the 50-Day Moving Average
After a stumble in the market that brought TSLA to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -42.92% of loss for the given period.
Volatility was left at 3.81%, however, over the last 30 days, the volatility rate increased by 3.90%, as shares surge +16.87% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -1.95% lower at present.
During the last 5 trading sessions, TSLA rose by +3.35%, which changed the moving average for the period of 200-days by -38.13% in comparison to the 20-day moving average, which settled at $170.31. In addition, Tesla Inc. saw 45.82% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at TSLA starting from Kirkhorn Zachary, who sale 3,751 shares at the price of $162.70 back on May 04. After this action, Kirkhorn Zachary now owns 195,572 shares of Tesla Inc., valued at $610,247 using the latest closing price.
Baglino Andrew D, the SVP Powertrain and Energy Eng. of Tesla Inc., sale 10,500 shares at $152.44 during a trade that took place back on Apr 27, which means that Baglino Andrew D is holding 65,547 shares at $1,600,620 based on the most recent closing price.
Stock Fundamentals for TSLA
Current profitability levels for the company are sitting at:
- +16.98 for the present operating margin
- +25.60 for the gross margin
The net margin for Tesla Inc. stands at +15.45. The total capital return value is set at 30.04, while invested capital returns managed to touch 29.41. Equity return is now at value 27.90, with 15.10 for asset returns.
Based on Tesla Inc. (TSLA), the company’s capital structure generated 12.86 points at debt to equity in total, while total debt to capital is 11.39. Total debt to assets is 6.98, with long-term debt to equity ratio resting at 8.41. Finally, the long-term debt to capital ratio is 7.45.
When we switch over and look at the enterprise to sales, we see a ratio of 6.76, with the company’s debt to enterprise value settled at 0.01. The receivables turnover for the company is 33.49 and the total asset turnover is 1.13. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.53.
Conclusion
In conclusion, Tesla Inc. (TSLA) has seen mixed performance in recent times. Analysts have a bearish opinion on the stock, with some rating it as a “sell” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
