TELUS International (Cda) (TSE:TIXT) Stock Price Down 2.6% – Time to Sell?

TELUS International (Cda) Inc. (TSE:TIXT) shares fell 2.6% during mid-day trading on Monday . The company traded as low as C$5.17 and last traded at C$5.24. 274,259 shares changed hands during trading, an increase of 11% from the average session volume of 246,567 shares. The stock had previously closed at C$5.38.

TELUS International (Cda) Stock Down 2.6 %

The firm has a market capitalization of C$581.64 million, a price-to-earnings ratio of 40.31 and a beta of 0.69. The business has a 50 day moving average of C$4.93 and a 200 day moving average of C$7.48. The company has a debt-to-equity ratio of 80.53, a current ratio of 1.09 and a quick ratio of 0.79.

Insider Activity

In related news, insider TELUS Corporation acquired 416,400 shares of the stock in a transaction dated Friday, August 9th. The shares were bought at an average cost of C$4.09 per share, for a total transaction of C$1,703,325.84. In other TELUS International (Cda) news, insider TELUS Corporation purchased 416,400 shares of the firm’s stock in a transaction that occurred on Friday, August 9th. The shares were acquired at an average cost of C$4.09 per share, for a total transaction of C$1,703,325.84. Also, Director Joshua Andrew Blair bought 25,000 shares of the stock in a transaction dated Wednesday, August 28th. The stock was acquired at an average price of C$3.80 per share, with a total value of C$95,030.00. In the last three months, insiders have acquired 1,623,198 shares of company stock worth $7,655,433. Corporate insiders own 38.86% of the company’s stock.

About TELUS International (Cda)

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.