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Epic Rally In Tandem Diabetes Care, Can It Continue?

June 30th, 2018 · No Comments

  • A magnificent share rally in Tandem Diabetes Care has ensued this year as it became clear to investors that the company isn’t going belly-up.
  • Quite the contrary, revenues are increasing at a very brisk pace (44%) and the prospects for this to continue are pretty good.
  • However, the company still makes very substantial losses, and these aren’t disappearing overnight whilst the shares already sell for over 10x sales.
  • So we think the shares are in need of cooling off a bit.

Source: Epic Rally In Tandem Diabetes Care, Can It Continue? – Tandem Diabetes Care, Inc. (NASDAQ:TNDM) | Seeking Alpha

Tags: TNDM