Telus Corp (TU) Shares Soar Above 1-Year High

The stock price of Telus Corp (NYSE: TU) has jumped by 0.13 compared to previous close of 15.69. Despite this, the company has seen a fall of -2.66% in its stock price over the last five trading days. zacks.com reported 2024-10-29 that TU’s PureFibre infrastructure is utilized by Photonic to drive quantum innovation in Canada.

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

The price-to-earnings ratio for Telus Corp (NYSE: TU) is 40.34x, which is above its average ratio. Moreover, the 36-month beta value for TU is 0.76. Analysts have varying opinions on the stock, 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 currently, short sellers hold a 2.27% of that float. On November 05, 2024, TU’s average trading volume was 2.10M shares.

TU’s Market Performance

The stock of Telus Corp (TU) has seen a -2.66% decrease in the past week, with a -3.62% drop in the past month, and a -3.86% fall in the past quarter. The volatility ratio for the week is 1.43%, and the volatility levels for the past 30 days are at 1.28% for TU. The simple moving average for the past 20 days is -2.22% for TU’s stock, with a -4.33% simple moving average for the past 200 days.

TU Trading at -4.14% 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 -17.90% of loss for the given period.

Volatility was left at 1.28%, however, over the last 30 days, the volatility rate increased by 1.43%, as shares sank -3.38% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -2.36% lower at present.

During the last 5 trading sessions, TU fell by -2.66%, which changed the moving average for the period of 200-days by -14.29% in comparison to the 20-day moving average, which settled at $16.07. In addition, Telus Corp saw -11.69% 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 1.99.

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 3.06. 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 wrap up, the performance of Telus Corp (TU) has been bad in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. 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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