News coverage about Telstra (OTCMKTS:TLSYY) has been trending neutral recently, InfoTrie Sentiment reports. The research firm identifies negative and positive news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Telstra earned a daily sentiment score of 0.43 on their scale. InfoTrie also assigned media coverage about the utilities provider an news buzz score of 10 out of 10, meaning that recent news coverage is extremely likely to have an effect on the company’s share price in the next several days.
Several research analysts recently commented on TLSYY shares. Zacks Investment Research downgraded shares of EXACT Sciences from a “hold” rating to a “sell” rating in a research note on Tuesday, July 2nd. UBS Group cut shares of Telstra from a “buy” rating to a “neutral” rating in a report on Monday, July 1st.
Telstra stock traded up $0.17 during midday trading on Thursday, hitting $13.39. 14,683 shares of the company’s stock were exchanged, compared to its average volume of 40,409. Telstra has a 12 month low of $9.52 and a 12 month high of $13.67. The business’s 50-day moving average price is $13.16. The firm has a market cap of $31.79 billion, a P/E ratio of 11.54, a PEG ratio of 4.02 and a beta of 0.73.
Telstra Corporation Limited, together with its subsidiaries, provides telecommunications and information services to businesses, governments, communities, and individuals in Australia and internationally. It operates in four segments: Telstra Consumer and Small Business, Telstra Enterprise, Telstra Operations, and Telstra Wholesale.
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