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Verizon Communications Inc.’s Mixed Bag: Down -8.86% in 6 Months, Down 1.42% in 30 Days

Verizon Communications Inc. (VZ) current stock price is $33.53. During the last trading session, the stock soared, reaching $33.97 after opening at $33.90. The stock’s lowest point was $33.52 before it closed at $33.79.

Verizon Communications Inc. had a pretty Dodgy run when it comes to the market performance. Over the past year, the company’s stock reached a high of $42.58 on 01/06/23, while the lowest price during the same period was $31.25 on 07/17/23.

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52-week price history of VZ Stock

A stock’s 52-week high and low prices can reveal a great deal about its present condition and potential future performance. Verizon Communications Inc.’s current trading price is -21.25% away from its 52-week high, while its distance from the 52-week low is 7.30%. The stock’s price range during this period has fluctuated between $31.25 and $42.58. Shares of the company, which operates in the Communication Services sector, recorded a trading volume of around 16.13 million for the day, which was evidently lower than the average daily volume of 24.93 million over the last three months.

Financial Performance and Market Capitalization

Verizon Communications Inc. (VZ) has experienced a quarterly decline of -8.04% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 142.00B and boasts a workforce of 117100 employees.

Analysts’ Ratings For Verizon Communications Inc.

As of right now, 5 analysts are rating Verizon Communications Inc. as a BUY, 1 of the polled analysts branded the stock as an OVERWEIGHT, 20 analysts are recommending to HOLD this stock, 1 of them gave the stock UNDERWEIGHT rating, and 1 analyst is rating the stock as SELL.

Moving average and trading volume data

Based on Barchart.com data, the company’s moving average over the 100-day period was 35.06, with a change in price of -3.77. Similarly, Verizon Communications Inc. recorded 23,270,398 in trading volume during the last 100 days, posting a change of -10.11%.

VZ Debt-to-equity ratio analysis

The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for VZ stands at 1.60. Similarly, the long-term debt-to-equity ratio is also 1.45.

VZ Stock Stochastic Average

The raw stochastic average for Verizon Communications Inc. over the last 50 days is presently at 48.41%. This reflects a surge from the raw stochastic average of the previous 20 days, which was noted at 32.00%. Further, the company’s Stochastic %K and %D values for the last 20 days were 42.81% and 47.06%, respectively.

VZ Stock Price Performance Analysis

A mixed performance in the stock price over the year has left investors unsure of what to expect, resulting in a range of outlooks from optimistic to pessimistic. Until today this year the stock’s price performance recorded a decrease of -14.90%. However, over the last six months, the performance has been stronger by -8.86%. The price of VZ increased 1.42% over the last 30 days. And in the last five days, it has fallen by -1.21%.

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