Teladoc Health Inc (NYSE:TDOC) shares, rose in value on Wednesday, March 26, without any change to the previous day’s close as strong demand from buyers drove the stock to $8.64.
Actively observing the price movement in the last trading, the stock closed the session at $8.64, falling within a range of $8.48 and $8.71. The value of beta (5-year monthly) was 1.272. Referring to stock’s 52-week performance, its high was $15.43, and the low was $6.76. On the whole, TDOC has fluctuated by -22.72% over the past month.
With the market capitalization of Teladoc Health Inc currently standing at about $1.50 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-25.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 2.52B, with a low estimate of 609M and a high estimate of 626.77M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 619.38M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that TDOC’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the price of TDOC currently trading nearly -2.71% and -15.96% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 40.73, while the 7-day volatility ratio is showing 4.54% which for the 30-day chart, stands at 5.92%. Furthermore, Teladoc Health Inc (TDOC)’s beta value is 1.73, and its average true range (ATR) is 0.60.
A comparison of Teladoc Health Inc (TDOC) with its peers suggests the former has fared considerably weaker in the market. TDOC showed an intraday change of 0.00% in last session, and over the past year, it shrunk by -42.40%%.
Data on historical trading for Teladoc Health Inc (NYSE:TDOC) indicates that the trading volumes over the past 10 days have averaged 5.57 and over the past 3 months, they’ve averaged 7.59 million. According to company’s latest data on outstanding shares, there are 173.41 million shares outstanding.
Nearly 1.00% of Teladoc Health Inc’s shares belong to company insiders and institutional investors own 73.78% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 26.82 million shares as on 2025-03-14, resulting in a short ratio of 2.34. According to the data, the short interest in Teladoc Health Inc (TDOC) stood at 1998.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 22.02 million. The stock has fallen by -4.95% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the TDOC stock heading into the next quarter.
