TELUS International (Cda) Inc (NYSE: TIXT) is -9.44% lower on its value in year-to-date trading and has touched a low of $2.83 and a high of $11.51 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The TIXT stock was last observed hovering at around $3.64 in the last trading session, with the day’s loss setting it -0.09%.
Currently trading at $3.55, the stock is -2.91% and -5.67% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.72 million and changing -2.47% at the moment leaves the stock -28.52% off its SMA200. TIXT registered -60.25% loss for a year compared to 6-month loss of -43.11%. The firm has a 50-day simple moving average (SMA 50) of $3.7634 and a 200-day simple moving average (SMA200) of $4.9667.
The stock witnessed a -5.59% gain in the last 1 month and extending the period to 3 months gives it a -7.79%, and is 10.25% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.71% over the week and 6.61% over the month.
TELUS International (Cda) Inc (TIXT) has around 75142 employees, a market worth around $976.25M and $2.66B in sales. Current P/E ratio is 51.01 and Fwd P/E is 9.37. Profit margin for the company is 1.17%. Distance from 52-week low is 25.44% and -69.16% from its 52-week high. The company has generated returns on investments over the last 12 months (0.88%).
The EPS is expected to shrink by -53.68% this year.
TELUS International (Cda) Inc (TIXT) Top Institutional Holders
116.0 institutions hold shares in TELUS International (Cda) Inc (TIXT), with institutional investors hold 74.33% of the company’s shares. The shares outstanding are 111.00M, and float is at 64.03M with Short Float at 3.20%. Institutions hold 45.56% of the Float.
The top institutional shareholder in the company is CAPITAL RESEARCH GLOBAL INVESTORS with over 14.05 million shares valued at $81.18 million. The investor’s holdings represent 5.1261% of the TIXT Shares outstanding. As of 2024-06-30, the second largest holder is MACKENZIE FINANCIAL CORP with 8.44 million shares valued at $48.74 million to account for 3.0803 of the shares outstanding. The other top investors are SCHEER, ROWLETT & ASSOCIATES INVESTMENT MANAGEMENT LTD. which holds 2.98 million shares representing 1.0868% and valued at over $17.2 million, while CLEARBRIDGE INVESTMENTS, LLC holds 1.082 of the shares totaling 2.96 million with a market value of $17.14 million.
TELUS International (Cda) Inc (TIXT) Insider Activity
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