Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
TELUS International (Cda) Inc (NYSE: TIXT) closed the day trading at $3.20 down -15.79% from the previous closing price of $3.80. In other words, the price has decreased by -$15.79 from its previous closing price. On the day, 1.01 million shares were traded. TIXT stock price reached its highest trading level at $3.78 during the session, while it also had its lowest trading level at $3.1576.
Ratios:
For a better understanding of TIXT, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.91 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 2.88. For the most recent quarter (mrq), Quick Ratio is recorded 1.02 and its Current Ratio is at 1.02. In the meantime, Its Debt-to-Equity ratio is 0.78 whereas as Long-Term Debt/Eq ratio is at 0.72.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, TD Cowen on August 06, 2024, Downgraded its rating to Hold and sets its target price to $3.75 from $10 previously.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TIXT now has a Market Capitalization of 882476864 and an Enterprise Value of 2328999936. As of this moment, TELUS’s Price-to-Earnings (P/E) ratio for their current fiscal year is 45.98, and their Forward P/E ratio for the next fiscal year is 8.09. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.33 while its Price-to-Book (P/B) ratio in mrq is 0.43. Its current Enterprise Value per Revenue stands at 0.876 whereas that against EBITDA is 6.561.
Stock Price History:
Over the past 52 weeks, TIXT has reached a high of $11.51, while it has fallen to a 52-week low of $2.83. The 50-Day Moving Average of the stock is -16.00%, while the 200-Day Moving Average is calculated to be -37.46%.
Shares Statistics:
Over the past 3-months, TIXT traded about 395.61K shares per day on average, while over the past 10 days, TIXT traded about 623630 shares per day. A total of 111.00M shares are outstanding, with a floating share count of 64.03M. Insiders hold about 76.72% of the company’s shares, while institutions hold 19.16% stake in the company. Shares short for TIXT as of 1734048000 were 2483436 with a Short Ratio of 5.88, compared to 1731628800 on 2102771. Therefore, it implies a Short% of Shares Outstanding of 2483436 and a Short% of Float of 4.16.
