What Direction Does SHL Telemedicine Ltd. ADR (NASDAQ: SHLT) Analysts Think The Company Will Take?

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The trading price of SHL Telemedicine Ltd. ADR (NASDAQ:SHLT) floating higher at last check on current market day and closing at $2.70, 0.93% higher than its previous close.

Traders who pay close attention to intraday price movement should know that it has been fluctuating between $2.56 and $2.89. In examining the 52-week price action we see that the stock hit a 52-week high of $9.30 and a 52-week low of $2.54. Over the past month, the stock has lost -9.27% in value.

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SHL Telemedicine Ltd. ADR, whose market valuation is $44.25 million at the time of this writing, is expected to release its quarterly earnings report in January. Investors’ optimism about the company’s current quarter earnings report is understandable.

On the technical side, indicators suggest SHLT has a 100% Sell on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 100% Sell, while an average of long term indicators suggests that the stock is currently 100% Sell.

A quick review shows that SHLT’s price is currently -3.08% off the SMA20 and -6.51% off the SMA50. The RSI metric on the 14-day chart is currently showing 45.16, and weekly volatility stands at 2.46%. When measured over the past 30 days, the indicator reaches 3.75%. SHL Telemedicine Ltd. ADR (NASDAQ:SHLT)’s beta value is currently sitting at -0.35, while the Average True Range indicator is currently displaying 0.17.

To see how SHL Telemedicine Ltd. ADR stock has been performing today in comparison to its peers in the industry, here are the numbers: SHLT stock’s performance was 0.93% at last check in today’s session, and -73.50% in the past year.

An evaluation of the daily trading volume of SHL Telemedicine Ltd. ADR (NASDAQ:SHLT) indicates that the 3-month average is 4.14K. However, this figure has increased over the past 10 days to an average of 2250.0.

Currently, records show that 10.49 million of the company’s shares remain outstanding. The institutions hold 16.74%. The stats also highlight that short interest as of 2024-11-29, stood at 2738.0 shares, resulting in a short ratio of 0.71 at that time. From this, we can conclude that short interest is 5.00 of the company’s total outstanding shares. It is noteworthy that short shares in November were down slightly from the previous month’s figure, which was 3644.0. However, since the stock’s price has seen -66.14% year-to-date, investors’ interest is likely to be reignited due to its potential to move even lower.

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