Let’s start up with the current stock price of Verizon Communications Inc. (VZ), which is $57.13 to be very precise. The Stock rose vividly during the last session to $57.37 after opening rate of $56.92 while the lowest price it went was recorded $56.90 before closing at $57.30.
Recently in News on June 4, 2021, Verizon EVP & CTO Kyle Malady to speak at Wells Fargo conference June 7. Kyle Malady, executive vice president and chief technology officer for Verizon (NYSE, Nasdaq: VZ), is scheduled to speak at the virtual Wells Fargo Media Telco Day on Monday, June 7, at 9:30 a.m. ET. His remarks will be webcast, with access instructions available on Verizon’s Investor Relations website, www.verizon.com/about/investors/. You can read further details here
Verizon Communications Inc. had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $59.85 on 05/10/21, with the lowest value was $53.83 for the same time period, recorded on 02/16/21.
Verizon Communications Inc. (VZ) full year performance was 0.14%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Verizon Communications Inc. shares are logging -7.78% during the 52-week period from high price, and 8.10% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $52.85 and $61.95.
The company’s shares, operating in the sector of Communication Services managed to top a trading volume set approximately around 2553511 for the day, which was evidently lower, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Verizon Communications Inc. (VZ) recorded performance in the market was -2.47%, having the revenues showcasing 2.32% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 235.90B, as it employees total of 135500 workers.
Verizon Communications Inc. (VZ) in the eye of market guru’s
During the last month, 6 analysts gave the Verizon Communications Inc. a BUY rating, 1 of the polled analysts branded the stock as an OVERWEIGHT, 19 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 56.88, with a change in the price was noted -0.05. In a similar fashion, Verizon Communications Inc. posted a movement of -0.10% for the period of last 100 days, recording 18,825,910 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for VZ is recording 2.23 at the time of this writing. In addition, long term Debt to Equity ratio is set at 2.10.
Verizon Communications Inc. (VZ): Stocks Technical analysis and Trends
Raw Stochastic average of Verizon Communications Inc. in the period of last 50 days is set at 30.94%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 30.94%. In the last 20 days, the company’s Stochastic %K was 29.81% and its Stochastic %D was recorded 23.92%.
If we look into the earlier routines of Verizon Communications Inc., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -2.47%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -6.62%, alongside a boost of 0.14% for the period of the last 12 months. The shares increased approximately by 1.79% in the 7-day charts and went up by -2.37% in the period of the last 30 days. Common stock shares were driven by 2.32% during last recorded quarter.