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

TELUS International (Cda) Inc. (TSE:TIXT)’s share price traded down 14.4% during trading on Wednesday . The company traded as low as C$4.69 and last traded at C$4.70. 731,719 shares changed hands 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) Trading Down 16.0 %

The firm’s 50 day simple moving average is C$5.40 and its two-hundred day simple moving average is C$5.85. The company has a quick ratio of 0.79, a current ratio of 1.09 and a debt-to-equity ratio of 80.53. The stock has a market cap of C$511.71 million, a P/E ratio of 35.46 and a beta of 0.69.

Insiders Place Their Bets

In other news, Director Brian Hannon sold 5,604 shares of the company’s stock in a transaction that occurred on Friday, November 15th. The shares were 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 stock in a transaction that occurred on Monday, November 18th. The shares were bought at an average price of C$3.55 per share, for a total transaction of C$355,000.00. 38.86% of the stock is currently owned by corporate 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.