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

Telus Corp (NYSE:TU) currently has a daily average trading volume of 3.70M but it saw 2992108 shares traded in last market. With a market cap of 23.77B USD, the company’s current market price of $15.70 came rising about 1.09 while comparing to the previous closing price of $15.53. In past 52 weeks, the stock remained buoying in the range of price level as high as $17.26 and as low as $13.24.

Taking a look at 20-day trading activity of Telus Corp (TU) gives us an average price of $15.27, while its current price level is -9.06% below from 52-week high level whereas it is 18.58% 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 $14.89 while that of 200 days or SMA-200 reads an average of $15.34. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.64% during that period while stretching the period over a month that decreases to 1.82%. 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 59.59 which implies that the stock is in neutral territory.

Over the week, TU’s stock price is moving 5.16% up while it is 7.17% when we observe its performance for the past one month. Year-to-date it is 15.78% up and over the past year, the stock is showing a downside performance of -3.50%.

Currently, Telus Corp’s total number of outstanding shares is 1.51B with 0.03% of that held by the insiders while 54.17% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 3.02% and return on equity (ROE) at 7.51%. It has a price to earnings ratio (P/E ratio) of 27.69 while having a 19.53 of forward P/E ratio. Stock’s beta reads 0.74. Stock has a price to book (P/B) ratio of 2.19 while price to sale or P/S ratio amounts to 1.63. Its return on asset (ROA) is 2.06% on average.