Telus Corp. (NYSE: TU) – Time For Strategy Change?

Telus Corp. (NYSE:TU) currently has a daily average trading volume of 2.05M but it saw 2776247 shares traded in last market. With a market cap of 25.04B USD, the company’s current market price of $16.78 came falling about -0.47 while comparing to the previous closing price of $16.86. In past 52 weeks, the stock remained buoying in the range of price level as high as $19.14 and as low as $14.63. In the recent trading on the day, stock has struck highest price mark of $16.77 while lowest mark touched by it was $16.96.

Taking a look at 20-day trading activity of Telus Corp. (TU) gives us an average price of $16.49, while its current price level is -12.31% below from 52-week high level whereas it is 14.70% 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 $16.18 while that of 200 days or SMA-200 reads an average of $16.72. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.82% during that period while stretching the period over a month that decreases to 1.45%. 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 58.38 which implies that the stock is in neutral territory.

Over the week, TU’s stock price is moving 1.21% up while it is 4.68% when we observe its performance for the past one month. Year-to-date it is -5.68% down and over the past year, the stock is showing a downside performance of -2.27%.

Currently, Telus Corp.’s total number of outstanding shares is 1.49B. Company’s return on investment (ROI) stands at 1.93% and return on equity (ROE) at 4.79%. It has a price to earnings ratio (P/E ratio) of 43.09 while having a 21.59 of forward P/E ratio. Stock’s beta reads 0.75. Stock has a price to book (P/B) ratio of 2.15 while price to sale or P/S ratio amounts to 1.70. Its return on asset (ROA) is 1.37% on average.