Large Outflow of Money Witnessed in TELUS Corporation

TELUS Corporation (NYSE:TU) jumped 0.48 points or 1.72% on strong buying and was last priced at $28.37 per share. The shares saw huge fund flow intraday; a massive $1.52 million made their way in through the upticks but an even bigger $8.16 million made their way out through downticks. As per the last observation, the net money flow stood at $(-6.63) million and the up/down ratio was found to be 0.19. The shares have seen a weekly value change of 0.67% .A block trade was recorded in the company shares with a net money flow of $(-5.01) million. The composite value of the funds in upticks was $0 million and the total value of funds in downticks was $5.01. As can be seen from the data, the block transaction had the up/down ratio of 0.

TELUS

Institutional Investors own 53.79% of TELUS Corporation shares.

TELUS Corporation has dropped 9.47% during the last 3-month period . Year-to-Date the stock performance stands at -18.08%. Shares of TELUS Corporation appreciated by 3.01% during the last five trading days but lost 8.55% on a 4-week basis.

TELUS Corporation (NYSE:TU) rose 1.72% or 0.48 points on Tuesday and made its way into the gainers of the day. After trading began at $28.08 the stock was seen hitting $28.485 as a peak level and $27.81 as the lowest level. The stock ended up at $28.37. The daily volume was measured at 873,897 shares. The 52-week high of the share price is $36.62 and the 52-week low is $26.375. The company has a market cap of $17,024 million.

TELUS Corporation (TELUS), incorporated on October 26, 1998, is a telecommunications companies, providing a range of telecommunications products and services products including wireless, data, Internet protocol, voice and television. The Companys operates in two segments: wireless and wireline. The Wireless segment includes voice, data and equipment sales. The Wireline segment includes data (which includes: television; Internet, enhanced data and hosting services; and managed and legacy data services), voice local, voice long distance, and other telecommunications services excluding wireless. TELUS earns revenue from access to, and the usage of, the Companys telecommunications infrastructure, or from providing products and services that facilitate access to and usage of this infrastructure. As of December 31, 2012, the Companys owned 100% of TELUS Communications Inc. (TCI). In 2012, the Company acquired Wolf Medical Systems.