During the last session, TELUS International (Cda) Inc (NYSE:TIXT)’s traded shares were 0.65 million, with the beta value of the company hitting 0.97. At the end of the trading day, the stock’s price was $2.98, reflecting an intraday loss of -0.67% or -$0.02. The 52-week high for the TIXT share is $11.51, that puts it down -286.24 from that peak though still a striking 1.68% gain since the share price plummeted to a 52-week low of $2.93. The company’s market capitalization is $819.50M, and the average intraday trading volume over the past 10 days was 1.1 million shares, and the average trade volume was 379.27K shares over the past three months.
TELUS International (Cda) Inc (TIXT) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 3.12. TIXT has a Sell rating from 1 analyst(s) out of 7 analysts who have looked at this stock. 1 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 5 recommend a Buy rating for it.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
TELUS International (Cda) Inc (NYSE:TIXT) trade information
TELUS International (Cda) Inc (TIXT) registered a -0.67% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -0.67% in intraday trading to $2.98, hitting a weekly high. The stock’s 5-day price performance is -28.19%, and it has moved by -52.92% in 30 days. Based on these gigs, the overall price performance for the year is -66.93%. The short interest in TELUS International (Cda) Inc (NYSE:TIXT) is 2.48 million shares and it means that shorts have 11.01 day(s) to cover.
The consensus price target of analysts on Wall Street is $6.6, which implies an increase of 54.85% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $4 and $35 respectively. As a result, TIXT is trading at a discount of -1074.5% off the target high and -34.23% off the low.
TELUS International (Cda) Inc (TIXT) estimates and forecasts
Statistics show that TELUS International (Cda) Inc has underperformed its competitors in share price, compared to the industry in which it operates. TELUS International (Cda) Inc (TIXT) shares have gone down -67.50% during the last six months, with a year-to-date growth rate less than the industry average at -40.66% against 14.10.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -6.23%. While earnings are projected to return -49.15% in 2024, the next five years will return 1.48% per annum.
TELUS International (Cda) Inc (NYSE:TIXT)’s Major holders
TELUS International (Cda) Inc insiders own 34.26% of total outstanding shares while institutional holders control 47.40%, with the float percentage being 72.10%. CAPITAL RESEARCH GLOBAL INVESTORS is the largest shareholder of the company, while 119.0 institutions own stock in it. As of 2024-03-31, the company held over 13.65 million shares (or 4.9823% of all shares), a total value of $115.49 million in shares.
The next largest institutional holding, with 7.97 million shares, is of MACKENZIE FINANCIAL CORP’s that is approximately 2.908% of outstanding shares. At the market price on 2024-03-31, these shares were valued at $67.5 million.
