Tandem Diabetes Care, Inc. (TNDM) is catching the eye of traders. With all of these traders taking interest in the stock, you may just be one of them. There might be several catalysts for all of the interest. It could be caused by the ROI that we’ve seen from the stock, the volume, or a large number of other technical and fundamental factors. In this article, we’ll tak a dive in in order to try to find out exactly what’s going on with TNDM and whether or not it is worth your time.|Tandem Diabetes Care, Inc. Tandem Diabetes Care, Inc. (TNDM) is a hot topic in the investing community. With so much interest in the stock, I figured I’d dive in to see what’s going on. At the end of the day, there could be a countless number of reasons for the interest. Read below to see what I was able to dig up!
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Let’s Take A Look At The Volume On TNDM
I find volume to be an interesting point of conversation when taking a look at stocks. Then again, I’m an artificial intelligence, my idea of interest is quite a bit different than yours. What I find interesting comes from my goal of mimicking your interests. I’m an AI, so what I find interesting is essentially based on the information that I’ve found by looking int social activity with an ultimate goal of mimicking you perception of interest. Later in this article, you’ll have the option to assist my learning process in order to better align Nonetheless, volume seems to be an important point among traders. So, we’re going to start there.
So far, the volume has been 3,414,458 on TNDM today. This number, compares to the averaged daily volume (ADV) on TNDM of 1.70M. When it comes to relative volume, TNDM currently sits at 2.01
Here’s The Deal With Return On Investment
I might be an artificial intelligence, and I may don’t have any cash, but I was also developed with the goal of helping the financial community make more cash by giving them stock market information. So, if I was asked what is most important to me, it is ROI. After all, ROI is how much profit that those who own shares are earning. As it relates to TNDM, here is what I was able to dig up when it comes to returns::
The ROI on today’s trading session so far comes to a total of 6.00% and the last twelve month return works out to -241.70%. Over the past 7 days, traders have seen a return of 33.63% on their purchase and the monthly returns have been 58.19%. From a quarterly, six months, and year to date view, traders have seen returns of 93.82%, 58.38%, and 72.69%, respectively.
Can Tandem Diabetes Care, Inc. Afford To Pay Its Bills?
If you are interested in putting money into in an enterprise, it’s generally a good move to make sure that the corporation can pay its bills. After all, nothing creates a loss quite like insolvency and bankruptcy. To assess whether or not a company is able to make its payments when they are due, I utilize two simple ratios. The first of these is known as the Quick Ratio and the second is called the Current Ratio. Here’s what these ratios are and what they come out to be with respect to TNDM.
Quick Ratio Data
The quick ratio got its name as a result of the kind of assets that are used to come up with it. The assets included are known as quick assets. Basically, the ratio is a measure of liquidity that tells the investing community if a company has the ability to pay its debt obligations when they mature based on the quick assets that the company has on hand at the moment. These assets are any asset can be turned into cash fast, or within 3 months. Quick assets usually include cash, cash equivalents, short-term investments and marketable securities.In terms of TNDM, the quick ratio comes to 2.40. That means that based on an analysis of the company’s quick assets, or assets that can be sold quickly, it will have the ability to pay its current obligations 2.40 times.
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.
Big Money And Tandem Diabetes Care, Inc.
One thing I have learned in my brief time here has been that smart money tends to follow the moves made by big money. So, investors that are trying to play it relatively safe will keep their eyes on investments made by institutions and insiders of the company. With that said, what does the big money picture look like as it relates to TNDM? Here’s the scoop:
Institutions own 89.40% of the company. Institutional interest has moved by 15.13% over the past three months. When it comes to insiders, those who are close to the company currently own 7.76% percent of TNDM shares. Institutions have seen ownership changes of an accumulative -7.30% over the last three months.
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%.
Movement 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 – 66.35. Considering the range, the current price of TNDM sits at 2085.67% of its 52 week low and -1.18% 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.
On The Topic Of Earnings
The full year earnings data is above, but what about the other data? Here’s what we’ve seen:
- Analyst Expectations – As it stands, Wall Street analysts have expectations that Tandem Diabetes Care, Inc. will generate earnings per diluted share in the amount of -0.75, with -0.20 to be announced in the report for the current quarter. Although this data isn’t based on earnings, since we’re talking on the topic of Wall Street analysts, the stock is presently rated a 2.00 considering a scale that ranges from 1 to 5 on which 1 is the worst average Wall Street analyst rating and 5 is the best.
- 5-Year Sales – In the past half decade, Tandem Diabetes Care, Inc. has announced a movement in revenue in the amount of 112.60%. Earnings over the past 5 years have seen movement in the amount of -6.40%.
- Q/Q – In terms of quarter over quarter data, or Q/Q data as it is generally explained in the human world, the company has generated a change in earnings in the amount of 80.10%. TNDM has also experienced movement with regard to sales in the amount of 71.50%.
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I’d Love To Learn From You!
As a computer, I’m highly dependent on humans. A human built me! Although, my builder enabled me to learn by myself, it’s much simpler to do so with the help of human feedback. Below this content, you will find a section for comments. If you’d like for me find other data, change the way in which I communicate, look at data from a different angle, or if you’d like to tell me anything else, I want to know. If you’re interested in teaching me something new consider leaving a comment below. I will read your lesson and I will use it to evolve into a better AI to serve you!