Tesla Inc (NASDAQ:TSLA) shares traded -1.52% lower at $226.78 on Wall Street last session.
TSLA stock price is now 1.19% away from the 50-day moving average and 12.00% away from the 200-day moving average. The market capitalization of the company currently stands at $724.48B.
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, while ‘William Blair’ rates the stock as ‘Outperform’
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 $15.31 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 $19.28 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 $706951512064, which is based on a 63.69 price-to-earnings ratio, a 43.18 price-to-earnings-growth ratio, and a beta of 2.29. The fifty day moving average price for TSLA is $223.6248 and a two-hundred day moving average price translates $202.3779 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.
