Teladoc Inc (NYSE:TDOC) CEO Jason N. Gorevic sold 40,000 shares of the business’s stock in a transaction dated Monday, March 12th. The stock was sold at an average price of $43.27, for a total transaction of $1,730,800.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Shares of Teladoc Inc (TDOC) traded up $0.15 during trading hours on Wednesday, reaching $42.95. 1,029,467 shares of the company traded hands, compared to its average volume of 1,120,000. The company has a market cap of $2,600.00 and a P/E ratio of -20.65. Teladoc Inc has a one year low of $20.85 and a one year high of $44.65. The company has a debt-to-equity ratio of 0.37, a current ratio of 3.87 and a quick ratio of 3.87.
A number of analysts have recently weighed in on TDOC shares. Oppenheimer boosted their target price on shares of Teladoc from $40.00 to $45.00 and gave the stock an “outperform” rating in a report on Tuesday, November 21st. KeyCorp restated a “buy” rating and issued a $41.00 target price on shares of Teladoc in a report on Wednesday, January 10th. BidaskClub downgraded shares of Teladoc from a “hold” rating to a “sell” rating in a report on Wednesday, November 15th. Citigroup started coverage on shares of Teladoc in a report on Thursday, January 4th. They issued a “buy” rating on the stock. Finally, Deutsche Bank started coverage on shares of Teladoc in a report on Friday, December 8th. They issued a “buy” rating and a $39.00 target price on the stock. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and twelve have assigned a buy rating to the company. The stock presently has an average rating of “Buy” and an average target price of $40.71.
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Teladoc Company Profile
Teladoc, Inc is a telehealth company. The Company offers telehealth platform, delivering on-demand healthcare anytime, anywhere, through mobile devices, the Internet, video and phone. The Company’s solution connects its Members, with its over 3,000 board certified physicians and behavioral health professionals treating a range of conditions and cases from acute diagnoses, such as upper respiratory infection, urinary tract infection and sinusitis to dermatological conditions, anxiety and smoking cessation.
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