Shares of TELUS Corporation (TU) Sees Large Inflow of Net Money Flow

The shares of TELUS Corporation (TU) traded with a loss of -0.15 points or -0.45% in the most recent session. The shares last traded at $33.27. As per the trading info, the shares saw $0.51 million in upticks and lost $0.06 million in downticks, resulting in a net money flow of $0.45 million. The up/down ratio for the day was measured at 8.99. For the week, the shares had posted -0.48%.From the block trade data available, the total upticks were valued at $0.35 million and the total downticks were valued at $0 million, thereby putting the up/down ratio at 0. The net money flow for the block transaction was $0.35 million.Block trades are executed by Investment Banking firms or Wealth Managers shifting positions or Day traders taking advantage of trading signals.

TELUS Corporation has dropped 1.31% in the last five trading days, however, the shares have posted positive gains of 4.11% in the last 4 weeks. TELUS Corporation is up 3.56% in the last 3-month period. Year-to-Date the stock performance stands at 4.11%. TELUS Corporation (NYSE:TU) witnessed a decline in the market cap on Wednesday as its shares dropped 0.78% or 0.26 points. After the session commenced at $33.2, the stock reached the higher end at $33.32 while it hit a low of $32.88. With the volume soaring to 443,067 shares, the last trade was called at $33.16. The company has a 52-week high of $34.12. The company has a market cap of $19,598 million and there are 591,000,000 shares in outstanding. The 52-week low of the share price is $27.35.

TELUS Corporation (USA) Last issued its quarterly earnings results on Nov 4, 2016. The company reported $0.65 EPS for the quarter, missing the analyst consensus estimate by $ -0.03. Analyst had a consensus of $0.68. The company had revenue of $3238.00 million for the quarter, compared to analysts expectations of $3235.06 million. The companys revenue was up 2.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.66 EPS.

Telus Corp is the largest telecommunications company in Western Canada and the second largest in the country. The company provides clients with a full range of telecommunications products and services including data, Internet Protocol, voice and TELUS Mobility wireless services across Canada.

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