Telus Corp (TU) is gearing up for another turning point as it hit the volume of 2.17 million

On Tuesday, Telus Corp (NYSE: TU) opened higher 0.38% from the last session, before settling in for the closing price of $15.89. Price fluctuations for TU have ranged from $13.24 to $17.26 over the past 52 weeks.

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

Communication Services Sector giant saw their annual sales surged by 6.15% over the last five years. Company’s average yearly earnings per share was noted 2.81% at the time writing. With a float of $1.51 billion, this company’s outstanding shares have now reached $1.51 billion.

The firm has a total of 106800 workers. Let’s measure their productivity. In terms of profitability, gross margin is 50.7%, operating margin of 14.69%, and the pretax margin is 7.17%.

Telus Corp (TU) Insider Activity

A key investor’s attitude towards the stock of the Telecom Services industry is another important factor to consider. The insider ownership of Telus Corp is 0.14%, while institutional ownership is 55.11%.

Telus Corp (TU) Earnings and Forecasts

Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.21 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 2.81% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 7.23% during the next five years compared to -14.92% drop over the previous five years of trading.

Telus Corp (NYSE: TU) Trading Performance Indicators

Check out the current performance indicators for Telus Corp (TU). In the past quarter, the stock posted a quick ratio of 0.59. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.66. Likewise, its price to free cash flow for the trailing twelve months is 17.69.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.57, a number that is poised to hit 0.17 in the next quarter and is forecasted to reach 0.80 in one year’s time.

Technical Analysis of Telus Corp (TU)

Analysing the last 5-days average volume posted by the [Telus Corp, TU], we can find that recorded value of 2.17 million was lower than the volume posted last year of 3.68 million. As of the previous 9 days, the stock’s Stochastic %D was 87.76%. Additionally, its Average True Range was 0.30.

During the past 100 days, Telus Corp’s (TU) raw stochastic average was set at 94.10%, which indicates a significant increase from 93.51% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 32.90% in the past 14 days, which was higher than the 24.50% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $14.89, while its 200-day Moving Average is $15.34. Now, the first resistance to watch is $16.03. This is followed by the second major resistance level at $16.11. The third major resistance level sits at $16.19. If the price goes on to break the first support level at $15.86, it is likely to go to the next support level at $15.78. Should the price break the second support level, the third support level stands at $15.70.

Telus Corp (NYSE: TU) Key Stats

There are currently 1,514,000K shares outstanding in the company with a market cap of 24.15 billion. Presently, the company’s annual sales total 14,697 M according to its annual income of 724,690 K. Last quarter, the company’s sales amounted to 3,495 M and its income totaled 223,540 K.

News Daemon
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.