Look Past The Setbacks And Give Telus Corp (NYSE: TU) Another Chance

Telus Corp (NYSE:TU) currently has a daily average trading volume of 2.27M but it saw 4006972 shares traded in last market. With a market cap of 31.88B USD, the company’s current market price of $15.18 came falling about -2.57 while comparing to the previous closing price of $15.58. 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 $15.165 while lowest mark touched by it was $15.65.

Taking a look at 20-day trading activity of Telus Corp (TU) gives us an average price of $15.78, while its current price level is -20.67% below from 52-week high level whereas it is 3.76% 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 $16.25 while that of 200 days or SMA-200 reads an average of $16.31. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.17% 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 34.07 which implies that the stock is in neutral territory.

Over the week, TU’s stock price is moving 0.07% up while it is -6.53% when we observe its performance for the past one month. Year-to-date it is -14.67% down and over the past year, the stock is showing a downside performance of -14.29%.

Currently, Telus Corp’s total number of outstanding shares is 1.49B. Company’s return on investment (ROI) stands at 2.22% and return on equity (ROE) at 5.71%. It has a price to earnings ratio (P/E ratio) of 33.22 while having a 20.07 of forward P/E ratio. Stock’s beta reads 0.75. Stock has a price to book (P/B) ratio of 1.94 while price to sale or P/S ratio amounts to 2.17. Its return on asset (ROA) is 1.61% on average.