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

Telus Corp (NYSE:TU) currently has a daily average trading volume of 2.82M but it saw 3039247 shares traded in last market. With a market cap of 20.35B USD, the company’s current market price of $13.57 came falling about -1.31 while comparing to the previous closing price of $13.75. In past 52 weeks, the stock remained buoying in the range of price level as high as $18.55 and as low as $13.59. In the recent trading on the day, stock has struck highest price mark of $13.54 while lowest mark touched by it was $13.73.

Taking a look at 20-day trading activity of Telus Corp (TU) gives us an average price of $14.89, while its current price level is -26.85% below from 52-week high level whereas it is -0.15% 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 $15.40 while that of 200 days or SMA-200 reads an average of $15.97. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.05% during that period while stretching the period over a month that decreases to 1.86%. 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 21.16 which implies that the stock is in oversold territory.

Over the week, TU’s stock price is moving -3.42% down while it is -10.72% when we observe its performance for the past one month. Year-to-date it is -23.72% down and over the past year, the stock is showing a downside performance of -22.72%.

Currently, Telus Corp’s total number of outstanding shares is 1.50B. 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 29.69 while having a 18.55 of forward P/E ratio. Stock’s beta reads 0.76. Stock has a price to book (P/B) ratio of 1.73 while price to sale or P/S ratio amounts to 1.39. Its return on asset (ROA) is 1.61% on average.