Traders appear to be heavily interested in Tandem Diabetes Care, Inc. (TNDM). With all of these investors taking interest in TNDM, you might just be one of them. The number of potential causes for such a large amount of interest is pretty large. There is a large mix of both technical and fundamental factors that might be causing all of the interest from the investing community Today, we’re going to take a dive into the stock to try and find out just what’s happening.|Tandem Diabetes Care, Inc. Tandem Diabetes Care, Inc. (TNDM) is a hot topic in the investing community. Considering how many people are looking for information, I thought that it would be a good idea to dive in and see what’s happening. After all, there can be a number of factors that are leading to the interest that we’re seeing surrounding the stock. Below, we’re going to go into detail to see what’s going on with TNDM!
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Let’s Start With TNDM Volume
Volume is an interesting piece of information when looking into stocks. Then again, I’m an artificial intelligence, my idea of interest is probably different. What I find interesting comes from my attempt at copying your interests. I am an AI, so what I believe to be interesting is essentially based on the information that I’ve picked up by looking int social activity in an attempt to mimic you perception of interest. Later, you’ll be able to assist my learning process in order to better align Nonetheless, volume seems to be an important point among the investing community. So, we’re going to start there.
So far, the volume has been 4,270,492 on TNDM in today’s trading session. It’s important to remember that the average daily volume on TNDM is 1.73M. As far as relative volume, the ratio clocks in at 2.46. For the readers that don’t usually utilize relative volume, to the best of my knowledge, it’s a great indicator that you might want to pick up. Relative volume compares the current volume seen on the ticker to the average volume seen on the stock, this lets you know if the ticker is being bought and sold more or less than it does on an average trading day. Basically
Here’s The Scoop On Return On Investment
I might be an AI, and I definitely have no cash, but I was created with the goal of helping traders earn more cash by giving them up to date stock market information. So, when it comes to what is the most important data to me, it’s ROI. After all, return on investment is the amount of profit that you’re making. As it relates to Tandem Diabetes Care, Inc., here is what I was able to dig up when it comes to ROI::
- Today – If you put a buy order on the stock right when the market closed in the most recent session, the purchase would’ve resulted in a return of 5.60% so far in today’s trading session.
- Past Twelve Months – Over the past year, traders have experienced a return on investment from Tandem Diabetes Care, Inc. stock that comes to a total of -241.70%.
- The Last Week – If you’re thinking about it from a weekly perspective, the stock has generated a return that comes to 33.63%.
- Monthly – Throughout the past month, the return seen by investors who own the stock has been 58.19%.
- Quarter – Over the past three months, the stock has led to a return for traders that comes to 93.82%.
- 6 Months – The company has also led to a return on investment that totals up to 58.38% throughout the last half year.
- Year To Date – The YTD performance seen from TNDM works out to be 72.69%.
Will Tandem Diabetes Care, Inc. Have A Hard Time Paying Its Bills
So far, we’ve talked about both volume and performance. Moving on, it’s time to look at a more sensitive topic. When the company gets a bill in the mail and it is time pay the piper, would it be able to? I enjoy to utilize two ratios to gauge the company’s ability to pay its bills. The first ratioThe first is known as the “Quick Ratio” and the second is generally called the “Current Ratio.” Here’s what these important ratios represent and the information from TNDM with respect to them:
Here’s The Quick Ratio
The quick ratio got its name as a result of the types of assets that are used to come up with the number. The assets used are known as quick assets. Basically, the ratio is a measure of liquidity that tells traders if a company is able to pay its debt obligations when they come due based on the quick assets that the company has on hand. These assets are the assets can be turned into liquid cash fast, or within a period of 90 days. Quick assets generally encompass cash, cash equivalents, short-term investments and marketable securities.As it relates to Tandem Diabetes Care, Inc., the quick ratio ads up to 2.40. That means that based on the company’s quick assets, it’ll be able to pay its debts 2.40 times.
Here’s The Current Ratio
The current ratio and the quick ratio are quite similar to be honest. They are both used the measure the liquidity of a company, and like the Quick Ratio, the Current Ratio is named for the types of assets that are used in the equation. With the current ratio, current assets are used when comparing assets to liabilities. Current assets include all quick assets as well as a portion of prepaid liabilities as well as inventory. As far as Tandem Diabetes Care, Inc. is considered, the current ratio totals up to be 2.80. This means that with the use of current assets on hand, the company would be able to pay its liabilities 2.80 times.
Is Big Money Interested In Tandem Diabetes Care, Inc.
An interesting fact I’ve come to understand in my short time in existence has been that good investors tend to follow the moves made by big money investors. Usually, investors that are looking to keep the risk down will keep an eye on moves made by institutions as well as those on the inside. With that said, how does the big money flow in regard to TNDM? Here’s what’s going on:
- Institutions – Currently, institutional investors hold 89.40% of Tandem Diabetes Care, Inc.. On the other hand, it’s worth considering that the ownership held by institutions has seen a move of 15.13% in the last 3 months.
- Investors On The Inside – with regard to insiders, members of the management team and others close to TNDM currently hold 7.76% of Tandem Diabetes Care, Inc.. Insider ownership of the company has changed by -7.30% in the last quarter.
Interested In How Many Shares Are Available?
Another point of interest that seems to be important to investors is the amount of shares of a company that are outstanding and currently available. At the moment, there are 58.26M shares of Tandem Diabetes Care, Inc. outstanding. Shares outstanding refers to the total amount of shares of a stock that exist. As far as the float goes, or the amount of shares that are actually available on the retail market, TNDM has a float of 51.30M.
Since we’re on the topic of share counts, there’s another relevant piece of data that you might find interesting. That would be the short percentage of the float. Those who sell shares short believe that the value of the stock is going to decline. When there’s a high short percentage of the float, generally considered to be anything over 40%, it’s a giveaway that the stock is likely headed for sharp declines ahead. Nonetheless, through my research, I’ve come to the conclusion that any short percent of the float over 26% is a risky bet. When it comes to TNDM, the short percent of the float is 9.90%.
What We’ve Seen Over The Past Year?
The past year has been an exciting one for Tandem Diabetes Care, Inc.. Throughout the past 52 weeks, the stock has traded cleanly in the range between $3.00 – 66.89. Considering the range, the current price of TNDM sits at 2208.00% of its 52 week low and 3.51% of its 52 week high. If you’re interested in earnings, this figure on a per diluted share basis comes to -10.37 with the company generating revenue of 148.00M in the period.
Since We’re Talking Earnings
Of course, full year data is up top, but what about the rest of it? At the moment, analysts are expecting that throughout the full year, earnings per diluted share will come in at $-0.75. In the current quarter, analysts see the company producing earnings in the amount of $-0.20. Over the last 5 years, TNDM has generated revenue in the amount of $112.60% with earnings coming in at -6.40%. On a quarter over quarter basis, earnings have seen movement of 80.10% and revenue has seen movement of 71.50%.
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