Look Past The Setbacks And Give Toronto Dominion Bank (NYSE: TD) Another Chance

Toronto Dominion Bank (NYSE:TD) currently has a daily average trading volume of 2.26M but it saw 1447053 shares traded in last market. With a market cap of 107.88B USD, the company’s current market price of $61.72 came rising about 1.06 while comparing to the previous closing price of $61.07. 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 $60.72 while lowest mark touched by it was $61.83.

Taking a look at 20-day trading activity of Toronto Dominion Bank (TD) gives us an average price of $59.65, while its current price level is -5.22% below from 52-week high level whereas it is 15.32% 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 $58.13 while that of 200 days or SMA-200 reads an average of $58.80. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.13% during that period while stretching the period over a month that decreases to 1.55%. 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 67.51 which implies that the stock is in neutral territory.

Over the week, TD’s stock price is moving 4.31% up while it is 8.03% when we observe its performance for the past one month. Year-to-date it is -4.49% down and over the past year, the stock is showing an upside performance of 2.35%.

Currently, Toronto Dominion Bank’s total number of outstanding shares is 1.79B. Company’s return on investment (ROI) stands at 4.69% and return on equity (ROE) at 7.18%. It has a price to earnings ratio (P/E ratio) of 19.74 while having a 10.19 of forward P/E ratio. Stock’s beta reads 0.78. Stock has a price to book (P/B) ratio of 1.48 while price to sale or P/S ratio amounts to 1.25. Its return on asset (ROA) is 0.42% on average.