Tactile Systems Technology Stock Price on September 9, 2024
| TCMD Stock | USD 17.33 0.39 2.30% |
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 17.33, as last reported on the 17th of February 2025, with the highest price reaching 17.45 and the lowest price hitting 16.83 during the day.
If you're considering investing in Tactile Stock, it is important to understand the factors that can impact its price. At this point, Tactile Systems is very steady. Tactile Systems Tech owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0757, which indicates the firm had a 0.0757 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Tactile Systems Technology, which you can use to evaluate the volatility of the company. Please validate Tactile Systems' Semi Deviation of 1.66, coefficient of variation of 1024.03, and Risk Adjusted Performance of 0.0764 to confirm if the risk estimate we provide is consistent with the expected return of 0.19%.
At present, Tactile Systems' Liabilities And Stockholders Equity is projected to increase significantly based on the last few years of reporting. The current year's Other Stockholder Equity is expected to grow to about 211 M, whereas Common Stock Shares Outstanding is forecasted to decline to about 19.1 M. . The current year's Price Earnings Ratio is expected to grow to 13.88, whereas Price To Sales Ratio is forecasted to decline to 1.31. 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 = 0.0757
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Estimated Market Risk
| 2.46 actual daily | 21 79% of assets are more volatile |
Expected Return
| 0.19 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 5 95% of assets perform better |
Based on monthly moving average Tactile Systems is performing at about 5% of its full potential. 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 it to a well-diversified portfolio.
Price Book 2.0003 | Enterprise Value Ebitda 12.7705 | Price Sales 1.4589 | Shares Float 21.8 M | Wall Street Target Price 24 |
Related Headline
CONMED Headline on 9th of September 2024
Disposition of 1000 shares by Charles Farkas of CONMED at .6... by Charles Farkas
Filed transaction by CONMED Director. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3
Tactile Systems Valuation on September 9, 2024
It is possible to determine the worth of Tactile Systems on a given historical date. On September 9, 2024 Tactile was worth 13.05 at the beginning of the trading date compared to the closed value of 12.96. 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 | |
| 13.34 | 13.60 | 12.97 | 13.20 | 131,600 | |
09/09/2024 | 13.05 | 13.37 | 12.96 | 12.96 | 133,790 |
| 13.07 | 13.28 | 12.98 | 13.25 | 76,394 |
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Tactile Systems Trading Date Momentum on September 9, 2024
| On September 10 2024 Tactile Systems Technology was traded for 13.25 at the closing time. The top price for the day was 13.28 and the lowest listed price was 12.98 . The trading volume for the day was 76.4 K. The trading history from September 10, 2024 was a factor to the next trading day price growth. The trading price change against the next closing price was 2.24% . The trading price change against the current closing price is 8.10% . |
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 | 26.7 M | 19.1 M | |
| Net Loss | -16.1 M | -15.3 M |
Tactile Systems Quarterly Net Working Capital |
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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 17, 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 17, 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 | 0.0764 | |||
| Jensen Alpha | 0.2368 | |||
| Total Risk Alpha | 0.2339 | |||
| Sortino Ratio | 0.1291 | |||
| Treynor Ratio | 0.2594 |
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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.
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