Tesla Inc (NASDAQ:TSLA) shares, rose in value on Wednesday, April 16, with the stock price down by -4.94% to the previous day’s close as strong demand from buyers drove the stock to $241.55.
Actively observing the price movement in the last trading, the stock closed the session at $254.11, falling within a range of $233.89 and $251.97. The value of beta (5-year monthly) was 2.58 whereas the PE ratio was 118.51 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 7.21% over the past month.
With the market capitalization of Tesla Inc currently standing at about $776.95 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Jan-28.
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 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell 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 4.79, with the price of TSLA currently trading nearly -6.33% and -14.69% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 43.61, while the 7-day volatility ratio is showing 7.03% which for the 30-day chart, stands at 8.79%. Furthermore, Tesla Inc (TSLA)’s beta value is 2.42, and its average true range (ATR) is 23.06.
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 -4.94% in last session, and over the past year, it grew by 49.59%%.
Data on historical trading for Tesla Inc (NASDAQ:TSLA) indicates that the trading volumes over the past 10 days have averaged 149.43 and over the past 3 months, they’ve averaged 110.02 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 48.39% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 76.46 million shares as on 2025-03-31, resulting in a short ratio of 0.59. According to the data, the short interest in Tesla Inc (TSLA) stood at 273.00 of shares outstanding as of 2025-03-31; the number of short shares registered in 2025-02-28 reached 67.13 million. The stock has fallen by -40.19% 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.
