Ideas And Forecasts On Toronto Dominion Bank (NYSE: TD)

Toronto Dominion Bank (NYSE:TD) currently has a daily average trading volume of 2.50M but it saw 3045510 shares traded in last market. With a market cap of 98.62B USD, the company’s current market price of $56.42 came rising about 0.12 while comparing to the previous closing price of $56.35. 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 $55.96 while lowest mark touched by it was $56.7.

Taking a look at 20-day trading activity of Toronto Dominion Bank (TD) gives us an average price of $61.57, while its current price level is -13.36% below from 52-week high level whereas it is 5.42% 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 $60.60 while that of 200 days or SMA-200 reads an average of $58.78. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.15% during that period while stretching the period over a month that decreases to 1.67%. 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 24.83 which implies that the stock is in oversold territory.

Over the week, TD’s stock price is moving -5.08% down while it is -9.86% when we observe its performance for the past one month. Year-to-date it is -12.69% down and over the past year, the stock is showing a downside performance of -5.87%.

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 18.04 while having a 9.64 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 1.15. Its return on asset (ROA) is 0.42% on average.