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Teladoc Inc: 52-Week High Recently Eclipsed (TDOC)

By Shiri Gupta

Shares of Teladoc Inc (NYSE:TDOC) traded at a new 52-week high today of $58.55. So far today approximately 482,000 shares have been exchanged, as compared to an average 30-day volume of 1.2 million shares.

Teladoc Inc (NYSE:TDOC) is currently priced 19.0% above its average consensus analyst price target of $46.85. Teladoc Inc shares have support at the 50-day moving average (MA) of $46.16 and additional support at the 200-day MA of $37.82.

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.

In the past 52 weeks, Teladoc Inc share prices have been bracketed by a low of $27.30 and a high of $58.55 and are now at $57.80, 112% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 2.1% while the 200-day MA has risen 1.0%.

SmarTrend recommended that subscribers consider buying shares of Teladoc Inc on April 18th, 2018 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $42.95. Since that recommendation, shares of Teladoc Inc have risen 32.0%. We continue to monitor TDOC for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: 52 week high/lows teladoc inc

Ticker(s): TDOC