Teladoc Health, Inc. (TDOC), a Healthcare Health Information Services business, saw its stock exchange 2,847,408 common shares, decrease against to its 10-day trading volume of 2.9M. Teladoc Health, Inc. (TDOC) stock is trading at $193.53, up 5.8 cents or +3.09% on the day. Based on this we can see some traders are either waiting on the sidelines to get involved or perhaps some are taking profits. Total Revenue for Teladoc Health, Inc. (TDOC) is $553.31M. Gross Profit is $368.84M and the EBITDA is $-28.87M.
Teladoc Health, Inc. (TDOC) Key Technicals:
The average 10-day trading volume of Teladoc Health, Inc. (TDOC) is 2.9M compared to 3.26M over the last 3 months which indicates decrease in trading activity. Right now, Teladoc Health, Inc. (TDOC) has a 50-day moving average of $153.87 and a 200-day moving average of $105.78. These moving averages are popular technical statistics that investors use to analyze price trends of Teladoc Health, Inc. (TDOC). Approximately 14.78% of the shares of the company are sold short from traders betting the stock might trade lower. The beta value of Teladoc Health, Inc. (TDOC) stock is 0.55, indicating its 7.53% to 7.47% more volatile than the overall marketplace. Technically, TDOC’s short term support levels are around $184.31, $173.36 and $149.00 on the downside. TDOCs short term resistance level is $211.73 on the upside.
Based on technical analysis, TDOC has short term rating of Bullish (0.48), Intermediate rating of Bullish (0.40) and the long-term rating of Bullish (0.38) giving it an overall rating of Bullish (0.42). TDOC is trading 262.01% off its 52 week low at $53.46 and 1.87% off its 52 week high of $189.97. Performance wise, TDOC stock has recently shown investors 11.69% an inflation in a week, 36.18% an inflation in a month and 97.28% an inflation in the past quarter. More importantly, Teladoc Health, Inc. (TDOC) has shown a return of 131.16% since the 1st of this year.
Teladoc Health, Inc. (TDOC) Key Research:
Teladoc Health, Inc. (TDOC) is a large-cap company with a market cap value of $14.336B. TDOC insiders hold roughly 1.13% of the shares. On Mar-25-20 Craig Hallum Downgrade TDOC as Buy → Hold at $140. On Mar-31-20 Berenberg Downgrade TDOC as Buy → Hold and on Apr-13-20 SVB Leerink Initiated TDOC as Outperform.
There are currently 70.89M shares in the float and 70.89M shares outstanding. There are 14.78% shares short in TDOCs float. The industry rank for Teladoc Health, Inc. (TDOC) is 56 out of 252 ranking it at the Top 22% .
Teladoc Health, Inc. (TDOC) Fundamentals Statistics:
TDOC last 2 years revenues have increased from $553,307 to $553,307 showing an uptrend. Wall Street expects Teladoc Health, Inc. (TDOC) to report an EPS next Qtr loss of -0.36 and a profit of 38.70% next year. The growth rate on TDOC this year is -19.57 compared to an industry 2.60. TDOCs next year’s growth rate is -44.14 compared to an industry 24.40. The book value per share (mrq) is 13.97 and cash per share (mrq) is 7.29. Giving them a price/book (mrq) of 13.81 compared to an industry of 3.19 TDOC fundamental ratios shows an EPS growth vs. previous year -1.11 and EPS growth vs. previous quarter -0.35.
About Teladoc Health, Inc. (TDOC):
Teladoc Health, Inc. provides virtual access to high-quality care and expertise with a portfolio of services and solutions, covering 450 medical subspecialties from non-urgent, episodic needs like flu and upper respiratory infections, to chronic, complicated medical conditions like cancer and congestive heart failure. By combining the latest in data and analytics with an award-winning user experience through a highly flexible technology platform, the company completed approximately 2.6 million telehealth visits in 2018 for patients around the globe.Over 36.7 million unique U.S. paid Members and 19.3 million visit fee only individuals have access to Teladoc’s high-quality healthcare and expertise. Through its acquisition of Advance Medical Health-Care Management Services, S.A. (Advance Medical) in 2018, it now delivers services in more than 175 countries around the world in more than 40 languages.The company provides access to healthcare through its portfolio of five consumer brands 24 hours a day, seven days a week and 365 days a year. Its solutions are delivered with an approximate median response time of less than ten minutes in the U.S. for general medical inquiries from the time a Member requests a general medical telehealth visit to the time they consult with a Teladoc Health network provider.The company currently provides virtual healthcare services on a business-to-business (B2B) basis to more than 12,000 total Clients, spanning the global healthcare distribution landscape and provide services to consumers directly and through channel partners. The company has a global footprint spanning clients, medical operations and members. It has an unmatched breadth solutions for clients across all channels served. Its integrated technology platform supports rapid and efficient access to, and evaluation of, information from a variety of healthcare network participants. The company has a user-friendly interface designed to empower Members and dependents to remotely access healthcare whenever and wherever an individual chooses (via mobile devices, the Internet, video and phone).