Toronto Dominion Bank (NYSE: TD): Retirees Don’t Worry About Volatility

Toronto Dominion Bank (NYSE:TD) currently has a daily average trading volume of 2.69M but it saw 3301715 shares traded in last market. With a market cap of 134.35B USD, the company’s current market price of $55.27 came falling about -0.68 while comparing to the previous closing price of $55.65. 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 $54.94 while lowest mark touched by it was $55.67.

Taking a look at 20-day trading activity of Toronto Dominion Bank (TD) gives us an average price of $57.97, while its current price level is -15.13% below from 52-week high level whereas it is 3.27% 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 $60.20 while that of 200 days or SMA-200 reads an average of $58.50. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.23% during that period while stretching the period over a month that increases to 1.62%. 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 26.54 which implies that the stock is in oversold territory.

Over the week, TD’s stock price is moving -2.78% down while it is -12.46% when we observe its performance for the past one month. Year-to-date it is -14.47% down and over the past year, the stock is showing a downside performance of -1.02%.

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 17.68 while having a 9.47 of forward P/E ratio. Stock’s beta reads 0.80. Stock has a price to book (P/B) ratio of 1.33 while price to sale or P/S ratio amounts to 1.56. Its return on asset (ROA) is 0.42% on average.