The price of Tesla Inc (NASDAQ:TSLA) shares last traded on Wall Street rose 2.63% to $216.27.
TSLA stock price is now -3.09% away from the 50-day moving average and 6.68% away from the 200-day moving average. The market capitalization of the company currently stands at $690.90B.
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, while ‘Truist’ rates the stock as ‘Hold’
In other news, Zhu Xiaotong, SVP, Automotive sold 297 shares of the company’s stock on Sep 06 ’24. The stock was sold for $65,867 at an average price of $221.77. Upon completion of the transaction, the SVP, Automotive now directly owns 67,491 shares in the company, valued at $14.6 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jul 25 ’24, Director DENHOLM ROBYN M sold 66,364 shares of the business’s stock. A total of $14,597,629 was realized by selling the stock at an average price of $219.96. This leaves the insider owning 85,000 shares of the company worth $18.38 million. A total of 12.98% of the company’s stock is owned by insiders.
During the past 12 months, Tesla Inc has had a low of $138.80 and a high of $278.98. As of last week, the company has a debt-to-equity ratio of 0.19, a current ratio of 1.91, and a quick ratio of 1.40. According to the stock market information, the enterprise value for the company is $673494859776, which is based on a 60.74 price-to-earnings ratio, a 20.25 price-to-earnings-growth ratio, and a beta of 2.28. The fifty day moving average price for TSLA is $223.5394 and a two-hundred day moving average price translates $202.6403 for the stock.
The latest earnings results from Tesla Inc (NASDAQ: TSLA) was released for 2024-06-30. The net profit margin was 13.04% and return on equity was 21.13% for TSLA. The company reported revenue of $25.5 billion for the quarter, compared to $24.93 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 2.3 percent.
