Alphabet Inc Inc. (GOOGL) Price Performance: A Fundamental Analysis Perspective

Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. Until today this year the stock’s price performance recorded an increase of 5.61%. However, over the last six months, the performance has been weaker by 13.87%. The price of GOOGL increased 3.84% over the last 30 days. And in the last five days, it has surged by 2.68%.

Alphabet Inc experienced a somewhat steady performance in the stock market. The company’s stock reached a 1-year high of $153.78 on 01/29/24, while the lowest price for the same period was registered at $88.57 on 02/24/23.

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52-week price history of GOOGL Stock

Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Alphabet Inc’s current trading price is -4.06% away from its 52-week high, while its distance from the 52-week low is 66.56%. The stock’s price range during this period has varied between$88.57 and $153.78. The Alphabet Inc’s shares, which operate in the Communication Services, saw a trading volume of around 21.16 million for the day, a figure considerably higher than their average daily volume of 0.73 over last three months.

Market Capitalization vs. Financial Performance: A Comparative Study

Alphabet Inc (GOOGL) has experienced a quarterly rise of 13.28% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1834.24B.

Combining Moving Average and Trading Volume Data for Better Market Insight

Based on Barchart.com data, the company’s moving average over the 100-day period was 136.92, with a change in price of +9.49. Similarly, Alphabet Inc recorded 28,944,891 in trading volume during the last 100 days, posting a change of +6.87%.

GOOGL’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look

The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for GOOGL stands at 0.11. Similarly, the long-term debt-to-equity ratio is also 0.09.

GOOGL Stock Stochastic Average

As of today, Alphabet Inc’s raw stochastic average for the last 50 days stands at 75.85%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 63.83%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 63.54% and 57.83%, respectively.

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