Teleflex Incorporated (NYSE:TFX) shares, rose in value on Friday, May 30, with the stock price down by -0.21% to the previous day’s close as strong demand from buyers drove the stock to $122.27.
Actively observing the price movement in the last trading, the stock closed the session at $122.53. The PE ratio was 38.54 over 12-month period. Referring to stock’s 52-week performance, its high was $249.90, and the low was $119.08. On the whole, TFX has fluctuated by -10.78% over the past month.
With the market capitalization of Teleflex Incorporated currently standing at about $5.40 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 1.36, with its dividend yield at 1.11%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that TFX’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 100% Sell.
The stock’s technical analysis shows that the PEG ratio is about 13.52, with the price of TFX currently trading nearly -1.71% and -6.34% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 41.97, while the 7-day volatility ratio is showing 1.48% which for the 30-day chart, stands at 1.93%. Furthermore, Teleflex Incorporated (TFX)’s beta value is 1.09, and its average true range (ATR) is 3.54.
A comparison of Teleflex Incorporated (TFX) with its peers suggests the former has fared considerably weaker in the market. TFX showed an intraday change of -0.21% in last session, and over the past year, it shrunk by -40.25%%.
Data on historical trading for Teleflex Incorporated (NYSE:TFX) indicates that the trading volumes over the past 3 months, they’ve averaged 1.04 million. According to company’s latest data on outstanding shares, there are 44.67 million shares outstanding.
Nearly 0.58% of Teleflex Incorporated’s shares belong to company insiders and institutional investors own 108.64% of the company’s shares. The stock has fallen by -31.30% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the TFX stock heading into the next quarter.
