Tesla Inc (NASDAQ:TSLA) shares, rose in value on Wednesday, March 26, with the stock price down by -5.58% to the previous day’s close as strong demand from buyers drove the stock to $272.06.
Actively observing the price movement in the last trading, the stock closed the session at $288.14, falling within a range of $266.51 and $284.9. The value of beta (5-year monthly) was 2.507 whereas the PE ratio was 133.47 over 12-month period. Referring to stock’s 52-week performance, its high was $488.54, and the low was $138.80. On the whole, TSLA has fluctuated by -10.15% over the past month.
With the market capitalization of Tesla Inc currently standing at about $875.09 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Jan-28.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 109.5B, with a low estimate of 19.07B and a high estimate of 27.07B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 22.77B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that TSLA’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of Hold while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the PEG ratio is about 5.02, with the price of TSLA currently trading nearly 5.63% and -17.11% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 47.67, while the 7-day volatility ratio is showing 6.34% which for the 30-day chart, stands at 6.68%. Furthermore, Tesla Inc (TSLA)’s beta value is 2.57, and its average true range (ATR) is 18.99.
A comparison of Tesla Inc (TSLA) with its peers suggests the former has fared considerably weaker in the market. TSLA showed an intraday change of -5.58% in last session, and over the past year, it grew by 59.26%%.
Data on historical trading for Tesla Inc (NASDAQ:TSLA) indicates that the trading volumes over the past 10 days have averaged 124.26 and over the past 3 months, they’ve averaged 92.32 million. According to company’s latest data on outstanding shares, there are 3.22 billion shares outstanding.
Nearly 12.90% of Tesla Inc’s shares belong to company insiders and institutional investors own 48.27% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 81.33 million shares as on 2025-03-14, resulting in a short ratio of 0.78. According to the data, the short interest in Tesla Inc (TSLA) stood at 290.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 61.5 million. The stock has fallen by -32.63% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the TSLA stock heading into the next quarter.
