Tactile Systems Technology is a medical technology company that develops and provides medical devices for the treatment of chronic diseases. Co. is the manufacturer and distributor of the Flexitouch and Entre systems, medical devices that help control symptoms of lymphedema, a chronic and progressive medical condition. Co. provides these products through its direct sales force for use in the home and sells or rents them through vascular, wound and lymphedema clinics throughout the U.S. The TCMD average annual return since 2016 is shown above.
The Average Annual Return on the TCMD average annual return since 2016 page and across the coverage universe of our site,
is a measure of the annualized return over the past ten years (or specified start date) for a given investment
(up to the end of prior trading session recorded). Arguably, choosing ten years for a measurement
period is on the one hand completely arbitrary, but on the other hand provides a sufficiently long window
to capture long-term trends.
Thus, researching Average Annual Returns is good practice for investors — whether TCMD average annual return since 2016 or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's annualized return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the TCMD average annual return calculation with any dividends reinvested as applicable (on ex-dates).
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