The Toronto-Dominion Bank (NYSE:TD) went down by -2.63% from its latest closing price compared to the recent 1-year high of $86.01. The company’s stock price has collected -3.86% of loss in the last five trading sessions. The Wall Street Journal reported on 08/01/22 that TD Bank Nears Deal to Buy Cowen
Is It Worth Investing in The Toronto-Dominion Bank (NYSE :TD) Right Now?
The Toronto-Dominion Bank (NYSE:TD) scored a price-to-earnings ratio above its average ratio, recording 10.73 x from its present earnings ratio. Plus, the 36-month beta value for TD is at 0.91. Opinions of the stock are interesting as 3 analysts out of 7 who provided ratings for The Toronto-Dominion Bank declared the stock was a “buy,” while 0 rated the stock as “overweight,” 4 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $74.61, which is $19.24 above the current price. TD currently public float of 1.79B and currently shorts hold a 2.53% ratio of that float. Today, the average trading volume of TD was 1.86M shares.
TD’s Market Performance
TD stocks went down by -3.86% for the week, with a monthly drop of -2.71% and a quarterly performance of -4.65%, while its annual performance rate touched -0.19%. The volatility ratio for the week stands at 2.03% while the volatility levels for the past 30 days are set at 1.99% for The Toronto-Dominion Bank. The simple moving average for the period of the last 20 days is -3.01% for TD stocks with a simple moving average of -12.60% for the last 200 days.
TD Trading at -1.87% from the 50-Day Moving Average
After a stumble in the market that brought TD to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -25.63% of loss for the given period.
Volatility was left at 1.99%, however, over the last 30 days, the volatility rate increased by 2.03%, as shares sank -3.40% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +3.04% upper at present.
During the last 5 trading sessions, TD fell by -3.86%, which changed the moving average for the period of 200-days by -14.05% in comparison to the 20-day moving average, which settled at $65.84. In addition, The Toronto-Dominion Bank saw -16.58% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for TD
Current profitability levels for the company are sitting at:
- +35.69 for the present operating margin
The net margin for The Toronto-Dominion Bank stands at +29.70. Equity return is now at value 15.10, with 0.80 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 0.47.