Stock market news: Tesla stock’s weekly review

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As of the latest update, Tesla Inc (NASDAQ: TSLA) has shown some volatility in the past week. Over the last five days, the stock increased by $6.80, reflecting a 1.60% rise. However, at market close, Tesla’s stock dropped by $22.47, or -4.95%, closing at $431.66. After hours, the stock remained flat with no change, holding at $431.66.

The stock’s daily trading range spanned between $426.50 and $449.89, while its 52-week range has been between $138.80 and $488.54, indicating considerable price fluctuation over the year. The company’s market capitalization is $1.386 trillion, and the average trading volume stands at 92,777,398 shares, with 81,699,633 shares traded on the latest session.

Tesla’s PE ratio stands at 117.62, suggesting a high valuation relative to earnings, and its EPS (TTM) is $3.67. Tesla is expected to announce its next earnings report between January 24, 2025 and February 3, 2025. The 1-year target estimate for Tesla stock is $283.88, reflecting potential downside from its current price.

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Disclaimer: This article is for informational purposes only and should not be construed as financial advice.