TLS approaching a new low

Telstra (TLS) is currently trading at $5.33 just a shade above its 52 week low of $5.27.  It has now lost about $1.40 since its peak in early February.

PE ratio of 15 and its dividend yield is creeping up to 5.7% fully franked.

So a pretty ordinary 9 months for TLS but perhaps worth remembering they've had a good run over the last four years.  Here's a monthly chart going back to 2011.

Steady gains most months saw the share price more than double over a four year period from Feb 2011 to Feb 2015.

Also worth noting that the steep declines of August and September are almost matching the steep rise of December 2014 and January 2015.

Source: Yahoo Finance