Teladoc Health Inc’s recently made public that its CHIEF STRATEGY OFFICER Trencher Daniel unloaded Company’s shares for reported $13210.0 on Apr 17 ’24. In the deal valued at $13.21 per share,1,000 shares were sold. As a result of this transaction, Trencher Daniel now holds 26,192 shares worth roughly $0.34 million.
Then, Nanis Nikolaos P. sold 461 shares, generating $6,599 in total proceeds. Upon selling the shares at $14.31, the Chief Technology Officer now owns 70,621 shares.
Before that, Geshuri Arnnon sold 7,500 shares. Teladoc Health Inc shares valued at $112,950 were divested by the CHIEF PEOPLE OFFICER at a price of $15.06 per share. As a result of the transaction, Geshuri Arnnon now holds 38,470 shares, worth roughly $0.5 million.
Cantor Fitzgerald initiated its Teladoc Health Inc [TDOC] rating to an Overweight in a research note published on February 29, 2024; the price target was $22. A number of analysts have revised their coverage, including Leerink Partners’s analysts, who began to cover the stock in late February with a ‘”a Market perform”‘ rating. DA Davidson also remained covering TDOC and has decreased its forecast on January 17, 2024 with a “Neutral” recommendation from previously “Buy” rating. Barclays started covering the stock on January 03, 2024. It rated TDOC as “an Overweight”.
Price Performance Review of TDOC
On Friday, Teladoc Health Inc [NYSE:TDOC] saw its stock fall -2.40% to $13.01. Over the last five days, the stock has gained 0.23%. Teladoc Health Inc shares have fallen nearly -39.63% since the year began. Nevertheless, the stocks have fallen -49.51% over the past one year. While a 52-week high of $30.41 was reached on 01/02/24, a 52-week low of $12.85 was recorded on 04/26/24. SMA at 50 days reached $14.98, while 200 days put it at $19.25. A total of 7.69 million shares were traded, compared to the trading of 8.06 million shares in the previous session.
Levels Of Support And Resistance For TDOC Stock
The 24-hour chart illustrates a support level at 12.57, which if violated will result in even more drops to 12.14. On the upside, there is a resistance level at 13.52. A further resistance level may holdings at 14.04. The Relative Strength Index (RSI) on the 14-day chart is 34.14, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.32, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 85.80%. Stochastics %K at 24.04% indicates the stock is a holding.
The most recent change occurred on April 12, 2023 when Stephens began covering the stock and recommended ‘”an Equal-weight”‘ rating along with a $25 price target.
