TELUS International (Cda) Inc (TIXT) saw an uptrend of 698881% in the recent trading with $601310.0 being its most recent. The current price level -45.92% lower than the highest price of $6.86 marked by the stock while trading over the past 52-weeks, whereas it is 74.18% higher than the lowest price of $2.13 the company dropped to over past 52-weeks. The latest news story on TIXT appeared in (Business Wire) under the title “Not All Datasets Are Created Equal: New TELUS Digital Survey Shows Trust in AI is Dependent on How Data is Sourced” on Jun-24-25.
Do analysts rate it as a buy, sell or hold?
Irrespective of recent performance, what’s important is what the future holds. In uncertain economic times, a clear picture is difficult to get. Analysts generally have a good understanding of the market works, which gives them a leg up in making predictions. Currently, the stock has been recommended as Moderate Buy by 7 of the brokerage firms. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 2.83 for the stock.
TELUS International (Cda) Inc Earnings – What Happened With TIXT
Coming around sales and income figures on TIXT Stock Income Statement, public trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor.
TELUS International (Cda) Inc – Insider Activity and Holdings
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 113.00 million. TIXT does have institutional investors; and they hold 19.80% of the stock.
As on 2024-06-30, CAPITAL RESEARCH GLOBAL INVESTORS was the top most holder in TELUS International (Cda) Inc (NYSE:TIXT) with an ownership of 14.05 million shares of the company or 5.1074 of the stake worth $81.18 million. The filing also reveals MACKENZIE FINANCIAL CORP as the second largest holder in the company with a control over 3.0691 of the outstanding shares. Its stake is worth $48.74 million for having 8.44 million shares in hand.
SCHEER, ROWLETT & ASSOCIATES INVESTMENT MANAGEMENT LTD. also came holding a key position in the company during the recent quarter and it now holds 1.0828 of the outstanding shares. With this there are now 112.0 institutions which have possession in TIXT’s shares.
Key Metrics forTIXT
The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, TELUS International (Cda) Inc has a debt to equity ratio of 0.76.
Technical Analysis of TELUS International (Cda) Inc (NYSE:TIXT) stock
To comprehend better with the trade moves and investors’ behavior, exploring the short, medium and long term technical indicators along with average volume of a stock is an effective way to make use of. When looking into those indicators for TELUS International (Cda) Inc (TIXT), we notice that the stock’s 20-day average volume is at 1,375,430 shares and 50% of short term indicators are suggesting the stock as Buy. Medium term indicators at an average of 50% are spotting the stock at Sell with its 50-day average volume of 684,110 shares. And to end, TIXT’s 100-day average volume is 527,154 shares with 50% of the long-term indicators pointing towards Buy for the stock.
