TELUS International (Cda) (TSE:TIXT) Stock Price Down 11.6%

Shares of TELUS International (Cda) Inc. (TSE:TIXT) fell 11.6% during mid-day trading on Thursday . The company traded as low as C$9.46 and last traded at C$9.46. 147,668 shares changed hands during mid-day trading, a decline of 7% from the average session volume of 159,231 shares. The stock had previously closed at C$10.70.

Wall Street Analysts Forecast Growth

Separately, JPMorgan Chase & Co. boosted their target price on TELUS International (Cda) from C$8.00 to C$10.00 and gave the stock a “neutral” rating in a research report on Monday, February 12th.

TELUS International (Cda) Price Performance

The company has a debt-to-equity ratio of 86.01, a current ratio of 1.14 and a quick ratio of 0.79. The firm has a market capitalization of C$917.67 million, a PE ratio of 36.25 and a beta of 0.94. The business’s 50 day moving average is C$11.50 and its two-hundred day moving average is C$11.33.

Insider Transactions at TELUS International (Cda)

In related news, CEO Jeffrey Puritt sold 18,991 shares of the firm’s stock in a transaction dated Monday, February 12th. The stock was sold at an average price of C$9.08, for a total transaction of C$172,390.80. In other news, Senior Officer Michel Belec sold 5,100 shares of the business’s stock in a transaction dated Monday, February 12th. The stock was sold at an average price of C$9.08, for a total value of C$46,295.25. Also, CEO Jeffrey Puritt sold 18,991 shares of the stock in a transaction that occurred on Monday, February 12th. The shares were sold at an average price of C$9.08, for a total value of C$172,390.80. 34.42% of the stock is currently owned by insiders.

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.