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

Shares of TELUS International (Cda) Inc. (TSE:TIXT) traded down 14.4% 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 has a market capitalization of C$511.71 million, a PE ratio of 35.46 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 stock has a 50 day moving average price of C$5.40 and a two-hundred day moving average price of C$5.85.

Insider Buying and Selling at TELUS International (Cda)

In related news, Director Tobias Dengel purchased 100,000 shares of the stock in a transaction 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. Also, Director Brian Hannon sold 5,604 shares of the business’s stock in a transaction on Friday, November 15th. The stock was sold at an average price of C$5.56, for a total transaction of C$31,184.69. 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.