Teladoc Health Inc (NYSE: TDOC) stock closed at $9.11 on 9/17/24 after a major increase of 11.6%. Moreover, unusually high trading volume at 181% of normal accompanied the advance. The stock has risen 26.7% during the last week but has been extremely weak relative to the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, TDOC is expected to be a modest Value Builder.
Teladoc Health has a current Value Trend Rating of D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Teladoc Health has a good Appreciation Score of 82 but a very low Power Rating of 0, with the Negative Value Trend Rating the result.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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