TELUS International (Cda) Inc (TIXT) is expecting -33.62% growth in the next quarter: What can investors do to maximize their returns?

TELUS International (Cda) Inc (NYSE: TIXT) on Monday, soared 3.17% from the previous trading day, before settling in for the closing price of $3.79. Within the past 52 weeks, TIXT’s price has moved between $2.83 and $11.51.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

Over the past five-year period, the growth rate of yearbook sales for the company of the Technology sector was 29.01%. The company achieved an average annual earnings per share of -52.81%. With a float of $65.56 million, this company’s outstanding shares have now reached $107.00 million.

Considering the fact that the conglomerate employs 75142 people, you should pay attention to its efficiency factor.

TELUS International (Cda) Inc (TIXT) Insider Activity

Observing investor behavior towards Software – Infrastructure industry stocks is more important than anything else. The insider ownership of TELUS International (Cda) Inc is 76.16%, while institutional ownership is 20.71%.

TELUS International (Cda) Inc (TIXT) Earnings and Forecasts

#####

According to the Wall Street analysts, stocks earnings will be around -52.81% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -9.20% during the next five years compared to -6.23% drop over the previous five years of trading.

TELUS International (Cda) Inc (NYSE: TIXT) Trading Performance Indicators

TELUS International (Cda) Inc (TIXT) is currently performing well based on its current performance indicators. A quick ratio of 1.09 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.40. Likewise, its price to free cash flow for the trailing twelve months is 2.90.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.22, a number that is poised to hit 0.01 in the next quarter and is forecasted to reach 0.50 in one year’s time.

Technical Analysis of TELUS International (Cda) Inc (TIXT)

Compared to the last year’s volume of 0.33 million, its volume of 0.43 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 74.60%. Additionally, its Average True Range was 0.18.

During the past 100 days, TELUS International (Cda) Inc’s (TIXT) raw stochastic average was set at 21.26%, which indicates a significant decrease from 92.16% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 39.67% in the past 14 days, which was lower than the 95.96% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $4.05, while its 200-day Moving Average is $6.96. Nevertheless, the first resistance level for the watch stands at $3.98 in the near term. At $4.06, the stock is likely to face the second major resistance level. The third major resistance level sits at $4.16. If the price goes on to break the first support level at $3.80, it is likely to go to the next support level at $3.70. Should the price break the second support level, the third support level stands at $3.62.

TELUS International (Cda) Inc (NYSE: TIXT) Key Stats

Market capitalization of the company is 1.08 billion based on 106,830K outstanding shares. Right now, sales total 2,708 M and income totals 54,000 K. The company made 652,000 K in profit during its latest quarter, and -3,000 K in sales during its previous quarter.