TELUS Corporation (NYSE:TU) went down by -0.54% from its latest closing price compared to the recent 1-year high of $27.50. The company’s stock price has collected -3.53% of loss in the last five trading sessions.
Is It Worth Investing in TELUS Corporation (NYSE :TU) Right Now?
TELUS Corporation (NYSE:TU) scored a price-to-earnings ratio above its average ratio, recording 24.97 x from its present earnings ratio. Plus, the 36-month beta value for TU is at 0.66. Opinions of the stock are interesting as 9 analysts out of 17 who provided ratings for TELUS Corporation declared the stock was a “buy,” while 0 rated the stock as “overweight,” 8 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $26.96, which is $1.74 above the current price. TU currently public float of 1.38B and currently shorts hold a 0.41% ratio of that float. Today, the average trading volume of TU was 1.93M shares.
TU’s Market Performance
TU stocks went down by -3.53% for the week, with a monthly drop of -10.13% and a quarterly performance of -3.73%, while its annual performance rate touched 10.15%. The volatility ratio for the week stands at 2.38% while the volatility levels for the past 30 days are set at 2.01% for TELUS Corporation. The simple moving average for the period of the last 20 days is -7.07% for TU stocks with a simple moving average of -0.24% for the last 200 days.
Analysts’ Opinion of TU
Many brokerage firms have already submitted their reports for TU stocks, with Barclays repeating the rating for TU by listing it as a “Equal Weight.” The predicted price for TU in the upcoming period, according to Barclays is $26 based on the research report published on May 10th of the current year 2022.
TU Trading at -8.20% from the 50-Day Moving Average
After a stumble in the market that brought TU to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -13.55% of loss for the given period.
Volatility was left at 2.01%, however, over the last 30 days, the volatility rate increased by 2.38%, as shares sank -10.77% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -7.40% lower at present.
During the last 5 trading sessions, TU fell by -3.53%, which changed the moving average for the period of 200-days by +7.85% in comparison to the 20-day moving average, which settled at $25.43. In addition, TELUS Corporation saw 0.85% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for TU
Current profitability levels for the company are sitting at:
- +18.09 for the present operating margin
- +18.09 for the gross margin
The net margin for TELUS Corporation stands at +9.83. Equity return is now at value 11.30, with 3.60 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 0.61.