Telus Corp (TU) Shares Plummet Below 1-Year High

The stock of Telus Corp (NYSE: TU) has decreased by -0.79 when compared to last closing price of 13.86. Despite this, the company has experienced a -4.38% fall in its stock price over the last five trading sessions. seekingalpha.com reported 2024-11-25 that TELUS International, the tech spinoff from Canada’s Telus Corp, has seen its stock plummet more than 90% from its highs amid poor operating results. Amid a swing to net losses, the company’s tremendous cash flows appear to be overlooked. There’s legitimate potential for a huge rebound in TIXT, but even a conservative scenario-based approach suggests shares can trade 100% higher.

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

Telus Corp (NYSE: TU) has a higher price-to-earnings ratio of 30.09x compared to its average ratio. TU has 36-month beta value of 0.76. Analysts have mixed views on the stock, with 5 analysts rating it as a “buy,” 6 as “overweight,” 7 as “hold,” and 0 as “sell.”

The public float for TU is 1.50B, and currently, short sellers hold a 2.25% ratio of that float. The average trading volume of TU on December 24, 2024 was 2.81M shares.

TU’s Market Performance

The stock of Telus Corp (TU) has seen a -4.38% decrease in the past week, with a -10.25% drop in the past month, and a -17.57% fall in the past quarter. The volatility ratio for the week is 2.25%, and the volatility levels for the past 30 days are at 1.88% for TU. The simple moving average for the past 20 days is -8.27% for TU’s stock, with a -14.01% simple moving average for the past 200 days.

TU Trading at -11.00% 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 -25.88% of loss for the given period.

Volatility was left at 1.88%, however, over the last 30 days, the volatility rate increased by 2.25%, as shares sank -9.54% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -15.07% lower at present.

During the last 5 trading sessions, TU fell by -4.38%, which changed the moving average for the period of 200-days by -20.57% in comparison to the 20-day moving average, which settled at $14.99. In addition, Telus Corp saw -22.71% 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:

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

The net margin for Telus Corp stands at 0.05. The total capital return value is set at 0.06. Equity return is now at value 5.71, with 1.61 for asset returns.

Based on Telus Corp (TU), the company’s capital structure generated 0.65 points at debt to capital in total, while cash flow to debt ratio is standing at 0.18. The debt to equity ratio resting at 1.83. The interest coverage ratio of the stock is 2.12.

Currently, EBITDA for the company is 6.45 billion with net debt to EBITDA at 4.37. When we switch over and look at the enterprise to sales, we see a ratio of 2.93. The receivables turnover for the company is 4.96for 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 0.69.

Conclusion

To put it simply, Telus Corp (TU) has had a bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating 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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