Tactile Systems Technology Stock Price on February 20, 2024
| TCMD Stock | USD 14.62 0.28 1.88% |
Below is the normalized historical share price chart for Tactile Systems Technology extending back to July 28, 2016. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Tactile Systems stands at 14.62, as last reported on the 25th of February, with the highest price reaching 14.62 and the lowest price hitting 14.14 during the day.
If you're considering investing in Tactile Stock, it is important to understand the factors that can impact its price. Tactile Systems Tech owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.19, which indicates the firm had a -0.19 % return per unit of risk over the last 3 months. Tactile Systems Technology exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Tactile Systems' Risk Adjusted Performance of (0.0009), variance of 8.48, and Coefficient Of Variation of (8,786) to confirm the risk estimate we provide.
As of February 25, 2025, Total Stockholder Equity is expected to decline to about 109.4 M. In addition to that, Common Stock Total Equity is expected to decline to about 16.3 K. The current year's Price Earnings Ratio is expected to grow to 25.33, whereas Price To Sales Ratio is forecasted to decline to 1.33. Tactile Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 28th of July 2016 | 200 Day MA 14.5752 | 50 Day MA 17.5745 | Beta 1.205 |
Tactile |
Sharpe Ratio = -0.1862
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | TCMD |
Estimated Market Risk
| 2.48 actual daily | 22 78% of assets are more volatile |
Expected Return
| -0.46 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.19 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Tactile Systems is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Tactile Systems by adding Tactile Systems to a well-diversified portfolio.
Price Book 1.6388 | Enterprise Value Ebitda 8.9937 | Price Sales 1.1994 | Shares Float 22 M | Wall Street Target Price 24 |
Related Headline
CVRx Headline on 20th of February 2024
Disposition of 2545 shares by Paul Verrastro of CVRx at 21.9... by Paul Verrastro
Filed transaction by CVRx Inc Officer: Chief Mktg & Strat Officer. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e)
Tactile Systems Valuation on February 20, 2024
It is possible to determine the worth of Tactile Systems on a given historical date. On February 20, 2024 Tactile was worth 12.59 at the beginning of the trading date compared to the closed value of 14.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tactile Systems stock. Still, in general, we apply an absolute valuation method to find Tactile Systems' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Tactile Systems where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tactile Systems' related companies.
| Open | High | Low | Close | Volume | |
| 15.18 | 15.24 | 14.64 | 14.67 | 492,670 | |
02/20/2024 | 12.59 | 14.35 | 11.96 | 14.20 | 1,494,165 |
| 14.07 | 14.35 | 13.47 | 13.88 | 496,291 |
| Backtest Tactile Systems | | | Tactile Systems History | | | Tactile Systems Valuation | Previous | Next |
Tactile Systems Trading Date Momentum on February 20, 2024
| On February 21 2024 Tactile Systems Technology was traded for 13.88 at the closing time. The top price for the day was 14.35 and the lowest listed price was 13.47 . The trading volume for the day was 496.3 K. The trading history from February 21, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 2.25% . The trading price change against the current closing price is 7.25% . |
Tactile Systems Tech Fundamentals Correlations and Trends
By evaluating Tactile Systems' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Tactile Systems' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Tactile financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Tactile Systems Stock history
Tactile Systems investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Tactile is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Tactile Systems Tech will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Tactile Systems stock prices may prove useful in developing a viable investing in Tactile Systems
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 24.1 M | 19.7 M | |
| Net Loss | -16.1 M | -15.3 M |
Tactile Systems Quarterly Net Working Capital |
|
Tactile Systems Stock Technical Analysis
Tactile Systems technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Tactile Systems Period Price Range
Low | February 25, 2025
| High |
0.00 | 0.00 |
Tactile Systems Technology cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Tactile Systems February 25, 2025 Market Strength
Market strength indicators help investors to evaluate how Tactile Systems stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Tactile Systems shares will generate the highest return on investment. By undertsting and applying Tactile Systems stock market strength indicators, traders can identify Tactile Systems Technology entry and exit signals to maximize returns
Tactile Systems Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Tactile Systems' price direction in advance. Along with the technical and fundamental analysis of Tactile Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Tactile to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.0009) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.02) | |||
| Treynor Ratio | (0.04) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Tactile Stock analysis
When running Tactile Systems' price analysis, check to measure Tactile Systems' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Tactile Systems is operating at the current time. Most of Tactile Systems' value examination focuses on studying past and present price action to predict the probability of Tactile Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tactile Systems' price. Additionally, you may evaluate how the addition of Tactile Systems to your portfolios can decrease your overall portfolio volatility.
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital |