Telephone And Data Systems, Inc (NYSE:TDS) shares, rose in value on Friday, May 09, with the stock price up by 1.83% to the previous day’s close as strong demand from buyers drove the stock to $34.58.
Actively observing the price movement in the last trading, the stock closed the session at $33.96. Referring to stock’s 52-week performance, its high was $41.21, and the low was $15.10. On the whole, TDS has fluctuated by -5.03% over the past month.
With the market capitalization of Telephone And Data Systems, Inc currently standing at about $3.71 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 0.16, with its dividend yield at 0.46%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that TDS’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a 50% Buy.
The stock’s technical analysis shows that the price of TDS currently trading nearly -3.10% and -3.82% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 45.59, while the 7-day volatility ratio is showing 5.36% which for the 30-day chart, stands at 4.10%. Furthermore, Telephone And Data Systems, Inc (TDS)’s beta value is 0.57, and its average true range (ATR) is 1.68.
A comparison of Telephone And Data Systems, Inc (TDS) with its peers suggests the former has fared considerably weaker in the market. TDS showed an intraday change of 1.83% in last session, and over the past year, it grew by 124.55%%.
Data on historical trading for Telephone And Data Systems, Inc (NYSE:TDS) indicates that the trading volumes over the past 3 months, they’ve averaged 1.09 million. According to company’s latest data on outstanding shares, there are 107.00 million shares outstanding.
Nearly 13.32% of Telephone And Data Systems, Inc’s shares belong to company insiders and institutional investors own 83.87% of the company’s shares. The stock has risen by 1.38% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the TDS stock heading into the next quarter.
