The stock of The Toronto-Dominion Bank (TD) has gone down by -6.56% for the week, with a -17.20% drop in the past month and a -11.57% drop in the past quarter. The volatility ratio for the week is 2.82%, and the volatility levels for the past 30 days are 1.90% for TD. The simple moving average for the last 20 days is -10.82% for TD stock, with a simple moving average of -12.03% for the last 200 days.
Is It Worth Investing in The Toronto-Dominion Bank (NYSE: TD) Right Now?
The Toronto-Dominion Bank (NYSE: TD) has a higher price-to-earnings ratio of 9.67x compared to its average ratio, and the 36-month beta value for TD is at 0.89. Analysts have varying views on the stock, with 2 analysts rating it as a “buy,” 1 rating it as “overweight,” 2 as “hold,” and 0 as “sell.”
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The average price suggested by analysts for TD is $67.78, which is $16.17 above the current market price. The public float for TD is 1.81B, and currently, shorts hold a 0.28% of that float. The average trading volume for TD on March 17, 2023 was 1.90M shares.
TD) stock’s latest price update
The Toronto-Dominion Bank (NYSE: TD)’s stock price has increased by 0.21 compared to its previous closing price of 57.71. However, the company has seen a fall of -6.56% in its stock price over the last five trading days. The Wall Street Journal reported on 08/01/22 that TD Bank Nears Deal to Buy Cowen
The stock of The Toronto-Dominion Bank (TD) has gone down by -6.56% for the week, with a -17.20% drop in the past month and a -11.57% drop in the past quarter. The volatility ratio for the week is 2.82%, and the volatility levels for the past 30 days are 1.90% for TD. The simple moving average for the last 20 days is -10.82% for TD stock, with a simple moving average of -12.03% for the last 200 days.
TD Trading at -12.71% 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 -30.02% of loss for the given period.
Volatility was left at 1.90%, however, over the last 30 days, the volatility rate increased by 2.82%, as shares sank -16.77% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -9.85% lower at present.
During the last 5 trading sessions, TD fell by -6.56%, which changed the moving average for the period of 200-days by -23.52% in comparison to the 20-day moving average, which settled at $64.26. In addition, The Toronto-Dominion Bank saw -10.70% 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:
- +32.57 for the present operating margin
The net margin for The Toronto-Dominion Bank stands at +27.79. Equity return is now at value 15.40, with 0.80 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 0.47.
Conclusion
In conclusion, The Toronto-Dominion Bank (TD) has had a bad performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
