TELUS Corporation (NYSE:TU) went down by -0.18% from its latest closing price compared to the recent 1-year high of $27.50. The company’s stock price has collected -1.92% 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 23.12 x from its present earnings ratio. Plus, the 36-month beta value for TU is at 0.68. Opinions of the stock are interesting as 10 analysts out of 16 who provided ratings for TELUS Corporation declared the stock was a “buy,” while 2 rated the stock as “overweight,” 4 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $26.52, which is $4.49 above the current price. TU currently public float of 1.37B and currently shorts hold a 0.27% ratio of that float. Today, the average trading volume of TU was 1.59M shares.
TU’s Market Performance
TU stocks went down by -1.92% for the week, with a monthly jump of 1.44% and a quarterly performance of -10.61%, while its annual performance rate touched 0.76%. The volatility ratio for the week stands at 1.17% while the volatility levels for the past 30 days are set at 1.44% for TELUS Corporation. The simple moving average for the period of the last 20 days is 0.42% for TU stocks with a simple moving average of -6.25% for the last 200 days.
Analysts’ Opinion of TU
Barclays, on the other hand, stated in their research note that they expect to see TU reach a price target of $26. The rating they have provided for TU stocks is “Equal Weight” according to the report published on May 10th, 2022.
TU Trading at -2.29% 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 -18.17% of loss for the given period.
Volatility was left at 1.44%, however, over the last 30 days, the volatility rate increased by 1.17%, as shares surge +0.94% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -8.35% lower at present.
During the last 5 trading sessions, TU fell by -1.92%, which changed the moving average for the period of 200-days by -0.13% in comparison to the 20-day moving average, which settled at $22.42. In addition, TELUS Corporation saw -4.54% in overturn over a single year, with a tendency to cut further losses.
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.