Titan Medical is a technology based medical company which is working on its patented technology to develop robots to make them assist doctors and surgeons in surgery procedures.
When the company was founded in 2008, its initial goal was to create a surgical system based on robotics to perform surgeries, to be more accurate and more efficient than human. These surgeries, as they would require minimal invasion, would cause them less pain in the surgery procedure and would result patients to recover quickly.
Presently, Titan Medical has completely shifted its focus from research and development (R&D) to being “an IP based company”. Will the shift actually benefit the company taking its share price to new heights? Let’s find the answer in this article named “Titan Medical (TMD) Stock Price Prediction”.
Titan Medical (TMD) Stock Price Prediction 2024 – 2045
| Titan Medical (TMD) Stock Price Prediction | Prediction Price (CAD) |
| Titan Medical (TMD) Stock Price Prediction 2024 | 0.070 |
| Titan Medical (TMD) Stock Price Prediction 2025 | 0.085 |
| Titan Medical (TMD) Stock Price Prediction 2026 | 0.096 |
| Titan Medical (TMD) Stock Price Prediction 2027 | 0.109 |
| Titan Medical (TMD) Stock Price Prediction 2028 | 0.125 |
| Titan Medical (TMD) Stock Price Prediction 2029 | 0.139 |
| Titan Medical (TMD) Stock Price Prediction 2030 | 0.157 |
| Titan Medical (TMD) Stock Price Prediction 2035 | 0.291 |
| Titan Medical (TMD) Stock Price Prediction 2040 | 0.540 |
| Titan Medical (TMD) Stock Price Prediction 2045 | 0.995 |
Titan Medical (TMD) Stock Price Prediction: 2024
Titan Medical (TMD) is currently trading at 0.055 CAD, down by 8.33% in September. The stock is trading far below its opening price (0.080 CAD) of the year.
| Month | Share price in CAD |
| January | 0.080 |
| February | 0.095 |
| March | 0.090 |
| April | 0.070 |
| May | 0.060 |
| June | 0.055 |
| July | 0.055 |
| August | 0.050 |
| September | 0.060 |
| October | 0.065 |
| November | 0.060 |
| December | 0.070 |
Titan Medical (TMD) Stock Price Prediction: 2025
The average price of the stock of Titan Medical (TMD) for 2025 will be CAD 0.080. It can go as high as CAD 0.085 in November and a low as 0.075 CAD (in January).
| Month | Share price in CAD |
| January | 0.075 |
| February | 0.077 |
| March | 0.076 |
| April | 0.080 |
| May | 0.079 |
| June | 0.080 |
| July | 0.081 |
| August | 0.080 |
| September | 0.082 |
| October | 0.083 |
| November | 0.085 |
| December | 0.084 |
Titan Medical (TMD) Stock Price Prediction: 2026
The average price of the stock of Titan Medical (TMD) for 2026 will be CAD 0.091, with a high forecast of CAD 0.096, and a lower forecast of CAD 0.086.
| Month | Share price in CAD |
| January | 0.086 |
| February | 0.087 |
| March | 0.087 |
| April | 0.088 |
| May | 0.089 |
| June | 0.090 |
| July | 0.091 |
| August | 0.092 |
| September | 0.093 |
| October | 0.094 |
| November | 0.095 |
| December | 0.096 |
Titan Medical (TMD) Stock Price Prediction: 2027
The average price of the stock of Titan Medical (TMD) for 2027 will be CAD 0.103, with a high forecast of CAD 0.109, and a lower forecast of CAD 0.097.
| Month | Share price in CAD |
| January | 0.097 |
| February | 0.098 |
| March | 0.099 |
| April | 0.100 |
| May | 0.101 |
| June | 0.102 |
| July | 0.103 |
| August | 0.104 |
| September | 0.105 |
| October | 0.106 |
| November | 0.107 |
| December | 0.109 |
Titan Medical (TMD) Stock Price Prediction: 2028
The average price of the stock of Titan Medical (TMD) for 2028 will be CAD 0.116, with a high forecast of CAD 0.125, and a lower forecast of CAD 0.110.
| Month | Share price in CAD |
| January | 0.110 |
| February | 0.111 |
| March | 0.112 |
| April | 0.113 |
| May | 0.114 |
| June | 0.115 |
| July | 0.117 |
| August | 0.118 |
| September | 0.119 |
| October | 0.120 |
| November | 0.121 |
| December | 0.125 |
Titan Medical (TMD) Stock Price Prediction: 2029
The average price of the stock of Titan Medical (TMD) for 2029 will be CAD 0.131, with a high forecast of CAD 0.139, and a lower forecast of CAD 0.124.
| Month | Share price in CAD |
| January | 0.124 |
| February | 0.125 |
| March | 0.127 |
| April | 0.128 |
| May | 0.129 |
| June | 0.131 |
| July | 0.132 |
| August | 0.133 |
| September | 0.135 |
| October | 0.136 |
| November | 0.137 |
| December | 0.139 |
Titan Medical (TMD) Stock Price Prediction: 2030
The average price of the stock of Titan Medical (TMD) for 2030 will be CAD 0.148, with a high forecast of CAD 0.157, and a lower forecast of CAD 0.140.
| Month | Share price in CAD |
| January | 0.140 |
| February | 0.142 |
| March | 0.143 |
| April | 0.145 |
| May | 0.146 |
| June | 0.148 |
| July | 0.140 |
| August | 0.151 |
| September | 0.152 |
| October | 0.154 |
| November | 0.155 |
| December | 0.157 |
Titan Medical (TMD) Stock Price Prediction: 2035
The average price of the stock of Titan Medical (TMD) for 2035 will be CAD 0.275, with a high forecast of CAD 0.291, and a lower forecast of CAD 0.260.
| Month | Share price in CAD |
| January | 0.260 |
| February | 0.262 |
| March | 0.265 |
| April | 0.268 |
| May | 0.270 |
| June | 0.273 |
| July | 0.276 |
| August | 0.279 |
| September | 0.282 |
| October | 0.285 |
| November | 0.288 |
| December | 0.291 |
Titan Medical (TMD) Stock Price Prediction: 2040
The average price of the stock of Titan Medical (TMD) for 2040 will be CAD 0.508, with a high forecast of CAD 0.540, and a lower forecast of CAD 0.480.
| Month | Share price in CAD |
| January | 0.480 |
| February | 0.485 |
| March | 0.490 |
| April | 0.495 |
| May | 0.500 |
| June | 0.506 |
| July | 0.511 |
| August | 0.516 |
| September | 0.521 |
| October | 0.527 |
| November | 0.532 |
| December | 0.540 |
Titan Medical (TMD) Stock Price Prediction: 2045
The average price of the stock of Titan Medical (TMD) for 2045 will be CAD 0.941, with a high forecast of CAD 0.995, and a lower forecast of CAD 0.889.
| Month | Share price in CAD |
| January | 0.889 |
| February | 0.898 |
| March | 0.907 |
| April | 0.917 |
| May | 0.926 |
| June | 0.936 |
| July | 0.945 |
| August | 0.955 |
| September | 0.965 |
| October | 0.975 |
| November | 0.985 |
| December | 0.995 |
Suggested: Hercules Metals (BIG) Stock Price Prediction from 2024 to 2045
Titan Medical (TMD) Stock: Historical Pricing
| Titan Medical (TMD) historical stock price year | Historical Price |
| Titan Medical (TMD) historical stock price 2014 | 42.04 CAD |
| Titan Medical (TMD) historical stock price 2015 | 31.23 CAD |
| Titan Medical (TMD) historical stock price 2016 | 9.61 CAD |
| Titan Medical (TMD) historical stock price 2017 | 11.26 CAD |
| Titan Medical (TMD) historical stock price 2018 | 1.69 CAD |
| Titan Medical (TMD) historical stock price 2019 | 0.65 CAD |
| Titan Medical (TMD) historical stock price 2020 | 2.17 CAD |
| Titan Medical (TMD) historical stock price 2021 | 0.82 CAD |
| Titan Medical (TMD) historical stock price 2022 | 0.90 CAD |
| Titan Medical (TMD) historical stock price 2023 | 0.080 CAD |
Titan Medical (TMD) Stock Price 2014
Titan Medical (TMD)’s stocks were at 28.83 CAD at the starting of 2014. Within the next few months the stock price hit 82.88 CAD, all due to a 83.16% growth in the stock price in January 2014 and a 59.12% growth in March 2014. From July 2014 to October 2014, the performance of the stock was sideways, after which in November it fell by 36%. Though the stock closed on a negative note at 42.04 CAD, the overall growth was decent.
Titan Medical (TMD) Stock Price 2015
The growth that Titan Medical (TMD) achieved in January and February 2015, all vanished within October 2015 due to the downtrend of the stock. After January, May was the only month of the year when the stock price actually grew (+7.64% to 50.75 CAD). After a dip of 19.08% in November and 1.89% in December, the stock closed at 31.23 CAD in December.
Titan Medical (TMD) Stock Price 2016
Titan Medical made more positive closing in the year 2016 on a monthly time frame, but expensive downfalls like 38% in February, 46% in September are what dragged the stock price of TSX: TMD down to just 9.61 CAD by the end of December 2016.
Titan Medical (TMD) Stock Price 2017
The shares price of Titan Medical (TMD) was in a sideways trend for the first 5 months of 2017. In the following months, it faced a downfall of 60.28% in June and after two months of consolidation, it gained 134.48% in September and got back to its previous price range – this drama in the stock price made a ‘U’ shape in the chart.
Titan Medical (TMD) Stock Price 2018
Facing a crash of 32.50% in March 2018, 47.48% in July 2018, 31.61% in August 2018 and 35.50% in December 2018 were the catalyst of bringing the stock price of Titan Medical down to 1.69 CAD by the end of the year from CAD 10.96 at the starting of the year.
Titan Medical (TMD) Stock Price 2019
Titan Medical returned in 2019 with a 185.21% rise in the stock price in January 2019. The months of September and October did dirty to the stock with a 51.22% and a 56.43% fall. After moving up by 41% in November and moving down by 24% in December, the final closing price of Titan Medical came around 0.65 CAD.
Titan Medical (TMD) Stock Price 2020
Titan Medical made some impressive comeback in 2020 with a 219.44% growth in June 2020. The stock price again fired up in November which caused a 85.11% rise in the stock price. The price of TSX: TMD concluded at 2.17 CAD for 2020.
Titan Medical (TMD) Stock Price 2021
The most eventful months in the history of Titan Medical in 2021 were January and November. In January 2021, TMD’s price jumped up by 47.93% whereas in November, the price jumped down by 55%, dragging it down to 0.82 CAD by December.
Titan Medical (TMD) Stock Price 2022 and 2023
Titan Medical’s (TMD) stock in 2022 was mostly in a consolidation except for the last month when the stock price got a boost of 38%. In 2023, TMD experienced too many collapsing candles, the biggest one being in February, when the share collapsed 76.25%.
Titan Medical (TMD) Stock: Technical Analysis
Chart and trend analysis:
The value of the stock is decreasing with every passing month from the last few years – this is indicating that the stock is in a downtrend. Titan Medical is making mainly red candles on the monthly chart with some occasional green candles, like the one it made in January and in August.
Support and resistance analysis:
At the level of 0.050 CAD, the stock has a strong support and a strong resistance at 0.080 CAD.
Indicator analysis:
The RSI (14) indicators’s value for Titan Medical (TMD) on a daily time frame is 52.97. The EMA (10) is at 0.054 while EMA (20) and SMA (10) are at 0.053.
Titan Medical (TMD) Stock: Fundamental Analysis
Company fundamental overview:
The current market value of Titan Medical (TMD is 6.27M CAD with the debt of 1.74M CAD as of previous year’s income statement.
Company performance overview:
After so many years of reporting net income in negative, the net income of Titan Medical finally became positive in 2023 as the company reported it at 9.38M CAD along with a total revenue of 23.80M CAD.
Disclaimer
The stock price predictions are purely speculative and not intended as financial advice. The author and blog disclaim any responsibility for financial losses that might have incurred directly or indirectly for this post or any other post published in this site. Always consult a financial advisor before making any investment decisions.
Titan Medical (TMD) Stock Price Prediction: FAQs
How much debt is Titan Medical in?
As of 2023, Titan Medical is in a debt of 1.74M CAD.
Welcome to PredictTorontoStocks! I’m Hilda J. Condit, a seasoned finance professional with a passion for the stock market and a deep-rooted connection to the Toronto Stock Exchange (TSX). With a Bachelor’s degree in Finance and specialized training from CSI Global Education’s Canadian Securities Course (CSC), I bring years of experience and expertise to the world of investment.
Over the years, I have had the privilege of working closely with the TSX, gaining valuable insights and building strong relationships with a diverse range of clients across Canada. My career has been dedicated to providing tailored investment advice and helping individuals and institutions navigate the complexities of the stock market.
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