Tempus AI Inc. (TEM) Stock Observes 11.52% 200-Day Moving Average

The volatility ratio for the week is 12.85%, and the volatility levels for the past 30 days are at 10.12% for TEM. The simple moving average for the past 20 days is 1.12% for TEM’s stock, with a 11.52% simple moving average for the past 200 days.

Is It Worth Investing in Tempus AI Inc. (NASDAQ: TEM) Right Now?

There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”

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The public float for TEM is 75.67M, and at present, short sellers hold a 3.96% of that float. The average trading volume of TEM on August 07, 2024 was 1.41M shares.

TEM) stock’s latest price update

The stock price of Tempus AI Inc. (NASDAQ: TEM) has jumped by 0.12 compared to previous close of 40.65. Despite this, the company has seen a fall of -5.96% in its stock price over the last five trading days. fool.com reported 2024-08-06 that Wood added to her positions in Amazon, Tesla, and Tempus AI on Monday. Amazon has seen its stock fall since posting poorly received results last week, but it’s still a leader.

Analysts’ Opinion of TEM

TD Cowen, on the other hand, stated in their research note that they expect to see TEM reach a price target of $50. The rating they have provided for TEM stocks is “Buy” according to the report published on July 09th, 2024.

Stifel gave a rating of “Buy” to TEM, setting the target price at $45 in the report published on July 09th of the current year.

TEM Trading at 11.52% from the 50-Day Moving Average

After a stumble in the market that brought TEM to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -13.57% of loss for the given period.

Volatility was left at 10.12%, however, over the last 30 days, the volatility rate increased by 12.85%, as shares surge +14.47% for the moving average over the last 20 days.

During the last 5 trading sessions, TEM fell by -7.43%, in comparison to the 20-day moving average, which settled at $40.50. In addition, Tempus AI Inc. saw 1.12% in overturn over a single year, with a tendency to cut further gains.

Stock Fundamentals for TEM

The liquidity ratio also appears to be rather interesting for investors as it stands at 1.23.

Conclusion

In summary, Tempus AI Inc. (TEM) has had a mixed performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

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