A share price of Turtle Beach Corp [TBCH] is currently trading at $18.82, up 1.95%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The TBCH shares have gain 7.36% over the last week, with a monthly amount drifted -0.16%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Turtle Beach Corp [NASDAQ: TBCH] stock has seen the most recent analyst activity on August 09, 2024, when Oppenheimer upgraded its rating to a Outperform but kept the price target unchanged to $17 for it. Previously, Maxim Group reaffirmed its Buy rating on May 05, 2023, and elevated its price target to $16. On November 28, 2022, ROTH Capital initiated with a Buy rating and assigned a price target of $18 on the stock. Oppenheimer downgraded its rating to a Perform. DA Davidson downgraded its rating to a Neutral and reduced its price target to $14 on August 09, 2022. Wedbush upgraded its rating to Outperform for this stock on May 17, 2022, but kept the price target unchanged to $27. In a note dated March 01, 2022, Wedbush downgraded an Neutral rating on this stock and revised its target price from $27 to $24.
Turtle Beach Corp experienced fluctuations in its stock price throughout the past year between $9.85 and $19.31. Turtle Beach Corp [NASDAQ: TBCH] shares were valued at $18.82 at the most recent close of the market.
Analyzing the TBCH fundamentals
Trailing Twelve Months sales for Turtle Beach Corp [NASDAQ:TBCH] were 326.23M which represents 59.51% growth.
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 18.46 points at the first support level, and at 18.11 for the second support level. However, for the 1st resistance point, the stock is sitting at 19.15, and for the 2nd resistance point, it is at 19.49.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Turtle Beach Corp [NASDAQ:TBCH] is 1.26. Further, the Quick Ratio stands at 0.60. Considering the valuation of this stock, the price to sales ratio is 1.16, the price to book ratio is 3.71 and price to earnings (TTM) ratio is 67.72.
Transactions by insiders
Recent insider trading involved Ballard Lloyd Gregory, Director, that happened on Nov 21 ’24 when 5542.0 shares were sold. CEO, Keirn Cris completed a deal on Nov 20 ’24 to buy 3000.0 shares. Meanwhile, Director LLOYD GREGORY BALLARD bought 5542.0 shares on Nov 21 ’24.
