Stock Rating Downgrade
The Value Trend Rating for Teladoc Health Inc (NYSE: TDOC) weakened during the last several trading days from C to D reflecting eroding fundamentals and low Appreciation Potential. Details supporting this lower rating are included in our next report.
Recent Price Action
Teladoc Health Inc (NYSE: TDOC) stock closed at $10.62 on 11/22/24 after a large increase of 2.1%. Moreover, above average trading volume at 122% of normal accompanied the advance. The stock has risen 18.5% during the last week but has been extremely weak relative to the market over the last nine months.
Current PriceTarget Research Rating
Teladoc Health has a current Value Trend Rating of D (Negative). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Teladoc Health has a good Appreciation Score of 75 but a very low Power Rating of 9, and the Negative Value Trend Rating results.
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