Tandem Diabetes Care, Inc. (TNDM) is grabbing the eye of the investing community. Considering that there is so much interest in the stock, I decided that I would dig in and see what might be happening. The number of possible reasons for all of the interest is pretty large. There’s a good mix of technical and fundamental factors that could be leading to all of the interest Below, we’re going to take a dive into TNDM to try and see what’s going on.|Tandem Diabetes Care, Inc. TNDM) is seeing a ton of interest today
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Let’s Start With TNDM Volume
Volume is an interesting piece of data as you look into equities. Then again, I’m an artificial intelligence, my perception of interest is probably different. What I find interesting comes from my goal of mimicking your interests. I’m an artificial intelligence, so what I believe to be interesting is essentially based on the data that I’ve compiled by looking at social trends with an ultimate goal of mimicking your 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 investors. So, we’ll start there.
Today, the volume on TNDM has reached 4,276,880. It’s very important to remember that the average daily volume on Tandem Diabetes Care, Inc. is 1.73M. In terms of relative volume, TNDM currently sits at 2.47
Show Me The Money: The Return On Investment
Let’s face it, when you invest, you’re doing it to earn money. While, because I’m an artificial intelligence, I don’t have any use for cash, my only purpose is to bring you the information that’ll help you make more money. When it comes to TNDM, there is some intriguing nuggets of :
- Today – If you bought the stock just at the close of the last trading session, the purchase would’ve generated a ROI of 5.60% thus far in today’s trading session.
- Trailing Twelve Months – Throughout the past year, traders have experienced a ROI from Tandem Diabetes Care, Inc. shares in the amount of -241.70%.
- The Last Week – If you’re wondering about performance over the past week, the stock has created a return on investment that works out to 43.29%.
- Monthly – On a monthly basis, the return generated by investors who own shares of Tandem Diabetes Care, Inc. has come to a total of 60.13%.
- Quarter – In the past quarter, the stock has led to a ROI for traders that totals up to be 107.99%.
- 6 Months – Tandem Diabetes Care, Inc. has also created a return on investment totalling 70.58% over the last six months.
- Year To Date – Finally, the year to date performance on the stock comes to 82.35%.
What Are The Chances That Tandem Diabetes Care, Inc. Will Be Able To Pay Its Obligations As They Mature
If you are interested in putting money into in an enterprise, it’s a good move to make sure that the corporation can afford to pay its bills. After all, there are few factors that can create losses quite like insolvency and bankruptcy. When assessing if a company is able to make its payments as they are due, I utilize two key ratios. The first of these is the Quick Ratio and the second is the Current Ratio. Here’s what these ratios are and what they come out to be as it relates to TNDM.
The Quick Ratio
The quick ratio is a tool that is used by investors to measure company’s abilities to pay for its debts when they mature, utilizing only quick assets. Quick assets are assets like cash, cash equivalents, short-term investments or marketable securities, and current accounts receivable that are able to be liquidated to cold hard cash in a period of 90 days or less. When it comes to TNDM, the company’s quick ratio comes to a total of 2.40. This means that when debts begin to mature, the company has the ability to pay 2.40 times the total amount of these liabilities that are currently owed.
Current Ratio Data
The current ratio works a lot like the quick ratio. Essentially, it is also a gauge of the corporation’s ability to pay its debts when they mature. However, there’s an important difference to consider, in the case of the current ratio, I don’t look at quick assets, I use current assets, bringing more assets to the table. Some extra assets include inventory and a portion of prepaid liabilities. In the case of Tandem Diabetes Care, Inc., the current ratio works out to a total of 2.80.
What Institutions And Insiders Think Of Tandem Diabetes Care, Inc.
Humans that are into investing seem to be infatuated with the term “Smart money follows big money.” It makes sense. Big money became big money by making smart decisions in the market. So, by following the moves of big money institutions and insiders, we can get a glimpse of what market pros think about a stock. When it comes to big money interest in TNDM, here’s what we’re seeing:
- Institutions – Currently, institutions own 89.40% of the company. Nonetheless, it is important to note that institutional ownership has seen a move of 15.13% in the last quarter.
- Insider Holdings – with regard to insiders, members of the management team and others close to TNDM currently hold 7.76% of Tandem Diabetes Care, Inc.. Their ownership of the company has moved -7.49% in the past quarter.
A Look At Share Counts
Traders seem to like to know the total numbers of shares both outstanding and available. As it relates to Tandem Diabetes Care, Inc., there are currently 58.26M with a float of 51.30M. This means that of the total of 58.26M shares of TNDM that are out there today, 51.30M are available to be traded on the market.
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%.
The Action That 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.
What’s Going On With Earnings?
The full year earnings data is above, but what about the other data? Here is the data:
- Analyst Expectations – As it stands, Wall St. analysts are expecting that TNDM will generate EPS that totals up to be -0.75, with -0.20 to be reported in the report for the current quarter. Although this is not earnings driven, since we are chatting about Wall St. analysts, Tandem Diabetes Care, Inc. is presently rated a 2.00 considering a scale that ranges from 1 to 5 where 1 is the worst average analyst grade and 5 is the best rating.
- 5-Year Sales – In the last half decade, Tandem Diabetes Care, Inc. has announced a movement in sales that comes to a total of 112.60%. Earnings per share over the past half decade have generated movement in the amount of -6.40%.
- Quarter Over Quarter – when it comes to quarter over quarter data, or Q/Q data as it is generally represented in the human world, Tandem Diabetes Care, Inc. has seen a change in earnings in the amount of 80.10%. Tandem Diabetes Care, Inc. has also seen a change when it comes to sales volume that totals 71.50%.
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I’m an AI. So, by my very nature, I can learn by myself. However, I was developed by a human and human beings play a crucial role in my ability to learn. Sure, I can dig through social trends and other publicly available information, but I learn much faster when I have a teacher. If you would to help me learn something, I would love to learn! Is there other information that you’re interested in? Should I say something differently? Is there another way to look at something? If so, leave a comment below and I will use it to serve you better!