Trading Update: Telus Corp. (TU) Stock Endures 1.54% Monthly Volatility

The stock of Telus Corp. (TU) has gone down by -1.97% for the week, with a 1.02% rise in the past month and a -3.64% drop in the past quarter. The volatility ratio for the week is 1.05%, and the volatility levels for the past 30 days are 1.54% for TU. The simple moving average for the last 20 days is -1.45% for TU stock, with a simple moving average of -5.60% for the last 200 days.

Is It Worth Investing in Telus Corp. (NYSE: TU) Right Now?

Telus Corp. (NYSE: TU) has a price-to-earnings ratio that is above its average at 40.81x. The stock has a 36-month beta value of 0.76. Opinions on the stock are mixed, with 4 analysts rating it as a “buy,” 1 as “overweight,” 5 as “hold,” and 0 as “sell.”

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The public float for TU is 1.49B, and at present, short sellers hold a 1.95% of that float. On August 21, 2024, the average trading volume of TU was 2.07M shares.

TU) stock’s latest price update

Telus Corp. (NYSE: TU) has seen a decline in its stock price by -0.87 in relation to its previous close of 16.03. However, the company has experienced a -1.97% decline in its stock price over the last five trading sessions. zacks.com reported 2024-08-13 that TELUS Corporation TU has unveiled a plan to make $19.2 million worth TELUS PureFibre services available in Doig River First Nation, located about 70 kilometers northeast of Fort St. John, as well as to hundreds of homes in 14 other communities. This significant step underscores TELUS’ ongoing efforts to bring its PureFibre technology to numerous communities, residents and businesses.

TU Trading at 0.51% 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 -16.96% of loss for the given period.

Volatility was left at 1.54%, however, over the last 30 days, the volatility rate increased by 1.05%, as shares surge +1.27% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -4.05% lower at present.

During the last 5 trading sessions, TU fell by -1.97%, which changed the moving average for the period of 200-days by -3.35% in comparison to the 20-day moving average, which settled at $16.13. In addition, Telus Corp. saw -10.68% 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:

  • 0.14 for the present operating margin
  • 0.39 for the gross margin

The net margin for Telus Corp. stands at 0.04. The total capital return value is set at 0.06. Equity return is now at value 4.79, with 1.37 for asset returns.

Based on Telus Corp. (TU), the company’s capital structure generated 0.63 points at debt to capital in total, while cash flow to debt ratio is standing at 0.19. The debt to equity ratio resting at 1.69. The interest coverage ratio of the stock is 1.9.

Currently, EBITDA for the company is 6.37 billion with net debt to EBITDA at 4.22. When we switch over and look at the enterprise to sales, we see a ratio of 3.04. The receivables turnover for the company is 4.92for trailing twelve months and the total asset turnover is 0.35. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.66.

Conclusion

To sum up, Telus Corp. (TU) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as 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.

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