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The Future of Telus Corp.: Analyzing TU

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In terms of market performance, Telus Corp. had a somewhat inconsistent run in. The highest value for the stock in the past year was $21.34 on 05/01/23, while the lowest value was $15.35 on 04/16/24.

52-week price history of TU Stock

Analyzing the 52-week price history of a stock, including its high and low prices, can provide valuable insight into its current status and potential future performance. Telus Corp.’s current trading price is -24.65% away from its 52-week high, while its distance from the 52-week low is 4.76%. The stock’s price range for this period has remained between $15.35 and $21.34. The Communication Services sector company’s shares managed to surpass a trading volume of around 2.38 million for the day, which was noticeably lower compared to the shares’ average daily volume of 2.55 million over the last three months.

Financial Performance and Market Capitalization

Telus Corp. (TU) has experienced a quarterly decline of -11.16% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 23.60B and boasts a workforce of 106400 employees.

Moving average and trading volume data

Based on Barchart.com data, the company’s moving average over the 100-day period was 17.35, with a change in price of -1.46. Similarly, Telus Corp. recorded 2,418,059 in trading volume during the last 100 days, posting a change of -8.32%.

TU Debt-to-equity ratio analysis

The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for TU stands at 1.70. Similarly, the long-term debt-to-equity ratio is also 1.45.

TU Stock Stochastic Average

As of today, the raw stochastic average of Telus Corp. over the last 50 days is at 25.98%. This shows a declinee from the raw stochastic average of the previous 20 days, which was recorded at 62.13%. Further, the company’s Stochastic %K and %D values for the last 20 days were 65.53% and 57.24%, respectively.

TU Stock Price Performance Analysis

A mixed performance in the stock price over the year has left investors unsure of what to expect, resulting in a range of outlooks from optimistic to pessimistic. This year’s metric has recorded a Price decrease of -9.61%. However, over the past six months, we’ve seen a stronger performance of -0.12%. The price of TU fallen by 1.84% over the last 30 days. And in the last five days, it has surged by 2.03%.