The stock of Telstra Corporation Ltd (ASX:TLS) is a huge mover today! The stock increased 1.86% or $0.09 on November 18, hitting $4.93. About 36.30 million shares traded hands or 28.18% up from the average. Telstra Corporation Ltd (ASX:TLS) has declined 8.70% since April 22, 2016 and is downtrending. It has underperformed by 13.13% the S&P500.
The move comes after 7 months positive chart setup for the $58.14B company. It was reported on Nov, 18 by Barchart.com. We have $6.41 PT which if reached, will make ASX:TLS worth $17.44 billion more.
More notable recent Telstra Corporation Ltd (ASX:TLS) news were published by: Fool.com.Au which released: “Here is why I’m buying shares in Telstra Corporation Ltd” on November 17, 2016, also Fool.com.Au with their article: “Is Telstra Corporation Ltd going to cut its dividend?” published on November 17, 2016, Fool.com.Au published: “Is Telstra Corporation Ltd a buy at this share price?” on November 03, 2016. More interesting news about Telstra Corporation Ltd (ASX:TLS) were released by: Fool.com.Au and their article: “Has Telstra Corporation Ltd become too risky?” published on September 14, 2016 as well as Fool.com.Au‘s news article titled: “Telstra Corporation Ltd & TPG Telecom Ltd: Are these shares good buys?” with publication date: October 17, 2016.
Telstra Corporation Limited is a telecommunications and technology company. The company has a market cap of $58.14 billion. The Company’s principal activity is to provide telecommunications and information services for domestic and international customers. It has a 16.03 P/E ratio. The Firm operates through four divisions.
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