Tactile Systems Technology Inc (NASDAQ: TCMD) has a price-to-earnings ratio that is above its average at 24.32x. The stock has a 36-month beta value of 1.14. Opinions on the stock are mixed, with 2 analysts rating it as a “buy,” 4 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for TCMD is 23.27M, and at present, short sellers hold a 5.41% of that float. On November 15, 2024, the average trading volume of TCMD was 162.64K shares.
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TCMD) stock’s latest price update
Tactile Systems Technology Inc (NASDAQ: TCMD)’s stock price has plunge by -3.64relation to previous closing price of 16.22. Nevertheless, the company has seen a 2.46% surge in its stock price over the last five trading sessions. zacks.com reported 2024-11-12 that Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
TCMD’s Market Performance
Tactile Systems Technology Inc (TCMD) has experienced a 2.46% rise in stock performance for the past week, with a 8.69% rise in the past month, and a 20.32% rise in the past quarter. The volatility ratio for the week is 5.26%, and the volatility levels for the past 30 days are at 4.01% for TCMD. The simple moving average for the past 20 days is 5.67% for TCMD’s stock, with a 12.51% simple moving average for the past 200 days.
Analysts’ Opinion of TCMD
B. Riley Securities gave a rating of “Buy” to TCMD, setting the target price at $23 in the report published on September 26th of the current year.
TCMD Trading at 9.14% from the 50-Day Moving Average
After a stumble in the market that brought TCMD to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -7.79% of loss for the given period.
Volatility was left at 4.01%, however, over the last 30 days, the volatility rate increased by 5.26%, as shares surge +9.68% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +16.73% upper at present.
During the last 5 trading sessions, TCMD rose by +2.46%, which changed the moving average for the period of 200-days by +3.03% in comparison to the 20-day moving average, which settled at $14.79. In addition, Tactile Systems Technology Inc saw 9.30% 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 TCMD starting from Ferstler Sherri Lee, who sale 1,550 shares at the price of $13.07 back on Aug 12 ’24. After this action, Ferstler Sherri Lee now owns 38,764 shares of Tactile Systems Technology Inc, valued at $20,263 using the latest closing price.
Ferstler Sherri Lee, the Officer of Tactile Systems Technology Inc, proposed sale 1,550 shares at $13.07 during a trade that took place back on Aug 12 ’24, which means that Ferstler Sherri Lee is holding shares at $20,262 based on the most recent closing price.
Stock Fundamentals for TCMD
Current profitability levels for the company are sitting at:
- 0.08 for the present operating margin
- 0.7 for the gross margin
The net margin for Tactile Systems Technology Inc stands at 0.05. The total capital return value is set at 0.09. Equity return is now at value 7.91, with 5.32 for asset returns.
Based on Tactile Systems Technology Inc (TCMD), the company’s capital structure generated 0.09 points at debt to capital in total, while cash flow to debt ratio is standing at 2.17. The debt to equity ratio resting at 0.09. The interest coverage ratio of the stock is -21.62.
Currently, EBITDA for the company is 22.31 million with net debt to EBITDA at -2.19. When we switch over and look at the enterprise to sales, we see a ratio of 1.1. The receivables turnover for the company is 6.54for trailing twelve months and the total asset turnover is 0.99. The liquidity ratio also appears to be rather interesting for investors as it stands at 4.37.
Conclusion
To sum up, Tactile Systems Technology Inc (TCMD) has seen a better performance recently. Analysts have differing views on the stock, with some seeing 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.
