Free Trial

TELUS International (Cda) (TSE:TIXT) Stock Price Down 2% - What's Next?

TELUS International (Cda) logo with Computer and Technology background

Key Points

  • TELUS International (Cda) Inc. experienced a 2% stock drop during mid-day trading, with shares trading as low as C$5.31.
  • Scotiabank upgraded TELUS International's target price from C$3.00 to C$3.40, maintaining a "sector perform" rating.
  • The stock currently holds a market capitalization of C$1.02 billion and exhibits a price-to-earnings ratio of 33.06.
  • MarketBeat previews the top five stocks to own by September 1st.

TELUS International (Cda) Inc. (TSE:TIXT - Get Free Report)'s share price was down 2% during mid-day trading on Wednesday . The company traded as low as C$5.31 and last traded at C$5.33. Approximately 193,257 shares changed hands during trading, a decline of 32% from the average daily volume of 285,216 shares. The stock had previously closed at C$5.44.

Wall Street Analysts Forecast Growth

Separately, Scotiabank increased their price objective on TELUS International (Cda) from C$3.00 to C$3.40 and gave the company a "sector perform" rating in a report on Tuesday, June 17th.

Read Our Latest Analysis on TIXT

TELUS International (Cda) Stock Performance

The company has a debt-to-equity ratio of 78.13, a quick ratio of 0.79 and a current ratio of 1.02. The company has a 50 day moving average price of C$4.82 and a 200 day moving average price of C$4.45. The company has a market capitalization of C$974.86 million, a price-to-earnings ratio of 31.45 and a beta of 0.69.

TELUS International (Cda) Company Profile

(Get Free Report)

TELUS International (Cda) Inc is a digital customer experience innovator that designs, builds, and delivers next-generation solutions. Its clients include companies across several verticals, including Tech and Games, Communications and Media, eCommerce and FinTech, Healthcare and Travel and Hospitality.

Featured Stories

Should You Invest $1,000 in TELUS International (Cda) Right Now?

Before you consider TELUS International (Cda), you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and TELUS International (Cda) wasn't on the list.

While TELUS International (Cda) currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

 The Best Nuclear Energy Stocks to Buy Cover

Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

5 Stocks to BUY NOW in August 2025
The $2.5B Merger No One Is Talking About
ALERT: Big Tech Earnings – Watch Before Wednesday

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines