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 2.87M but it saw 2108543 shares traded in last market. With a market cap of 90.68B USD, the company’s current market price of $51.81 came falling about -1.41 while comparing to the previous closing price of $52.55. In past 52 weeks, the stock remained buoying in the range of price level as high as $65.12 and as low as $51.74. In the recent trading on the day, stock has struck highest price mark of $51.635 while lowest mark touched by it was $52.79.

Taking a look at 20-day trading activity of Toronto Dominion Bank (TD) gives us an average price of $54.49, while its current price level is -20.44% below from 52-week high level whereas it is 0.14% 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 $55.76 while that of 200 days or SMA-200 reads an average of $57.70. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.30% during that period while stretching the period over a month that increases to 1.56%. 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 29.04 which implies that the stock is in oversold territory.

Over the week, TD’s stock price is moving -3.14% down while it is -7.93% when we observe its performance for the past one month. Year-to-date it is -19.82% down and over the past year, the stock is showing a downside performance of -16.40%.

Currently, Toronto Dominion Bank’s total number of outstanding shares is 1.75B. Company’s return on investment (ROI) stands at 4.48% and return on equity (ROE) at 7.97%. It has a price to earnings ratio (P/E ratio) of 14.92 while having a 8.84 of forward P/E ratio. Stock’s beta reads 0.82. Stock has a price to book (P/B) ratio of 1.21 while price to sale or P/S ratio amounts to 1.03. Its return on asset (ROA) is 0.45% on average.