Telus Corp (NYSE:TU) shares, rose in value, with the stock price down by -0.10% to the previous day’s close as strong demand from buyers drove the stock to $15.02.
Actively observing the price movement in the recent trading, the stock is buoying the session at $15.03. The PE ratio was 31.07 over 12-month period. Referring to stock’s 52-week performance, its high was $17.26, and the low was $13.24. On the whole, TU has fluctuated by 8.65% over the past month.
With the market capitalization of Telus Corp currently standing at about $22.74 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 1.13, with its dividend yield at 7.54%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that TU’s technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. However, medium-term indicators have put the stock in the category of Hold while long-term indicators on average have been pointing out that it is a Hold.
The stock’s technical analysis shows that the PEG ratio is about 4.45, with the price of TU currently trading nearly 0.12% and 1.06% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 52.09, while the 7-day volatility ratio is showing 1.94% which for the 30-day chart, stands at 2.12%. Furthermore, Telus Corp (TU)’s beta value is 0.75, and its average true range (ATR) is 0.29.
A comparison of Telus Corp (TU) with its peers suggests the former has fared considerably weaker in the market. TU showed an intraday change of -0.10% in today’s session so far, and over the past year, it shrunk by -8.78%%.
Data on historical trading for Telus Corp (NYSE:TU) indicates that the trading volumes over the past 3 months, they’ve averaged 3.67 million. According to company’s latest data on outstanding shares, there are 1.51 billion shares outstanding.
Nearly 0.14% of Telus Corp’s shares belong to company insiders and institutional investors own 55.10% of the company’s shares. The stock has risen by 10.73% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the TU stock heading into the next quarter.
