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Shares of Teladoc Inc Rise to a New 52-Week High

By James Quinn

Shares of Teladoc Inc (NYSE:TDOC) traded at a new 52-week high today of $67.85. So far today approximately 312,000 shares have been exchanged, as compared to an average 30-day volume of 1.3 million shares.

Teladoc, Inc. provides healthcare services. The Company diagnoses, recommends treatment, and prescribes medication for routine medical issues through phone and video consultations. Teladoc operates in the United States.

Teladoc Inc (NYSE:TDOC) is currently priced 30.6% above its average consensus analyst price target of $46.85. The stock should find initial support at its 50-day moving average (MA) of $54.36 and further support at its 200-day MA of $40.75.

Over the past year, Teladoc Inc has traded in a range of $27.30 to $67.85 and is now at $67.48, 147% above that low. The 200-day and 50-day moving averages have moved 1.61% higher and 3.22% higher over the past week, respectively.

SmarTrend is monitoring the recent change of momentum in Teladoc Inc. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Teladoc Inc in search of a potential trend change.

Keywords: 52 week high/lows teladoc inc

Ticker(s): TDOC