TELA Bio Inc [TELA] stock is trading at $2.86, up 10.85%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The TELA shares have gain 13.04% over the last week, with a monthly amount glided 9.16%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
TELA Bio Inc [NASDAQ: TELA] stock has seen the most recent analyst activity on May 31, 2022, when Lake Street initiated its Buy rating and assigned the stock a price target of $17. On December 03, 2019, JMP Securities initiated with a Mkt Outperform rating. Jefferies started tracking the stock assigning a Buy rating. Canaccord Genuity initiated its recommendation with a Buy.
TELA Bio Inc [TELA] stock has fluctuated between $2.30 and $7.84 over the past year. Currently, Wall Street analysts expect the stock to reach $12.5 within the next 12 months. TELA Bio Inc [NASDAQ: TELA] shares were valued at $2.86 at the most recent close of the market. An investor can expect a potential return of 337.06% based on the average TELA price forecast.
Analyzing the TELA fundamentals
TELA Bio Inc [NASDAQ:TELA] reported sales of 64.74M for the trailing twelve months, which represents a growth of 11.02%. Gross Profit Margin for this corporation currently stands at 0.69% with Operating Profit Margin at -0.72%, Pretax Profit Margin comes in at -0.65%, and Net Profit Margin reading is -0.65%. To continue investigating profitability, this company’s Return on Assets is posted at -0.7, Equity is -2.53 and Total Capital is -1.03. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of14.42.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 2.73 points at the first support level, and at 2.59 for the second support level. However, for the 1st resistance point, the stock is sitting at 2.98, and for the 2nd resistance point, it is at 3.09.
Ratios To Look Out For
For context, TELA Bio Inc’s Current Ratio is 3.41. Also, the Quick Ratio is 2.52, while the Cash Ratio stands at 1.77. Considering the valuation of this stock, the price to sales ratio is 1.09, the price to book ratio is 24.59.
Transactions by insiders
Recent insider trading involved Cuca Roberto, COO and CFO, that happened on Oct 24 ’24 when 64444.0 shares were purchased. Chief Technology Officer, Talmo Paul completed a deal on Oct 24 ’24 to buy 22222.0 shares. Meanwhile, Chief Executive Officer KOBLISH ANTONY bought 88888.0 shares on Oct 24 ’24.
