It’s Not A Fantasy To Think That Toronto Dominion Bank (TD) Has Big Future Potential

Toronto Dominion Bank (NYSE:TD) currently has a daily average trading volume of 2.56M but it saw 917131 shares traded in last market. With a market cap of 99.70B USD, the company’s current market price of $56.67 came rising about 1.41 while comparing to the previous closing price of $55.88. In past 52 weeks, the stock remained buoying in the range of price level as high as $65.12 and as low as $53.52. In the recent trading on the day, stock has struck highest price mark of $56.02 while lowest mark touched by it was $56.82.

Taking a look at 20-day trading activity of Toronto Dominion Bank (TD) gives us an average price of $57.59, while its current price level is -12.98% below from 52-week high level whereas it is 5.89% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $56.09 while that of 200 days or SMA-200 reads an average of $58.72. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.22% during that period while stretching the period over a month that decreases to 1.59%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 48.18 which implies that the stock is in neutral territory.

Over the week, TD’s stock price is moving -2.44% down while it is 1.52% when we observe its performance for the past one month. Year-to-date it is -12.30% down and over the past year, the stock is showing a downside performance of -11.01%.

Currently, Toronto Dominion Bank’s total number of outstanding shares is 1.79B. Company’s return on investment (ROI) stands at 6.76% and return on equity (ROE) at 9.96%. It has a price to earnings ratio (P/E ratio) of 12.85 while having a 9.29 of forward P/E ratio. Stock’s beta reads 0.80. Stock has a price to book (P/B) ratio of 1.35 while price to sale or P/S ratio amounts to 1.19. Its return on asset (ROA) is 0.58% on average.