TELUS International (Cda) (TSE:TIXT) Trading Down 14.4% – What’s Next?

TELUS International (Cda) Inc. (TSE:TIXT)’s stock price traded down 14.4% during mid-day trading on Wednesday . The stock traded as low as C$4.69 and last traded at C$4.70. 731,719 shares were traded during mid-day trading, an increase of 86% from the average session volume of 394,235 shares. The stock had previously closed at C$5.49.

TELUS International (Cda) Price Performance

The company’s 50-day simple moving average is C$5.37 and its 200-day simple moving average is C$5.80. The company has a debt-to-equity ratio of 80.53, a current ratio of 1.09 and a quick ratio of 0.79. The company has a market cap of C$517.26 million, a price-to-earnings ratio of 35.85 and a beta of 0.69.

Insider Activity at TELUS International (Cda)

In related news, Director Brian Hannon sold 5,604 shares of TELUS International (Cda) stock in a transaction dated Friday, November 15th. The stock was sold at an average price of C$5.56, for a total value of C$31,184.69. Also, Director Tobias Dengel acquired 100,000 shares of the business’s stock in a transaction on Monday, November 18th. The shares were purchased at an average price of C$3.55 per share, for a total transaction of C$355,000.00. Company insiders own 38.86% of the company’s stock.

TELUS International (Cda) Company Profile

TELUS International (Cda) Inc design, builds, and delivers digital solutions for customer experience (CX) in the Asia-Pacific, the Central America, Europe, Africa, North America, and internationally. The company provides digital experience solutions, such as AI and bots, omnichannel CX, enterprise mobility solutions, cloud contact center, big data analytics, platform transformation, and UX/UI design; and customer experience solutions, including work anywhere/work from home, contact center outsourcing, technical support, sales growth and customer retention, healthcare/patient experience, and debt collection.