TELUS International (Cda) (TSE:TIXT) Trading Up 3.9% – Here’s What Happened

TELUS International (Cda) Inc. (TSE:TIXT)’s stock price shot up 3.9% during trading on Wednesday . The company traded as high as C$5.68 and last traded at C$5.65. 377,030 shares traded hands during mid-day trading, an increase of 42% from the average session volume of 265,605 shares. The stock had previously closed at C$5.44.

TELUS International (Cda) Stock Performance

The firm has a market cap of C$627.15 million, a P/E ratio of 43.46 and a beta of 0.69. The company has a debt-to-equity ratio of 80.53, a quick ratio of 0.79 and a current ratio of 1.09. The business’s 50-day simple moving average is C$5.34 and its 200 day simple moving average is C$5.91.

Insider Buying and Selling

In related news, Director Tobias Dengel acquired 100,000 shares of TELUS International (Cda) stock in a transaction dated Monday, November 18th. The stock was purchased at an average cost of C$3.55 per share, for a total transaction of C$355,000.00. Also, Director Brian Hannon sold 5,604 shares of TELUS International (Cda) stock in a transaction 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. 38.86% of the stock is currently owned by corporate insiders.

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.