logo

The Significance of Moving Averages in Verizon Communications Inc Inc. (VZ) Price Performance

OPEN Stock

A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. The metric has seen a significant gain of 4.75% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 16.01%. Over the past 30 days, the price of VZ has leaped by -1.64%. And in the last five days, it has fallen by -0.05%.

Verizon Communications Inc ‘s stock market performance has been somewhat predictable. The company’s stock reached a 1-year high price of $43.21 on 01/31/24, while the lowest value for the same period was recorded at $30.14 on 10/06/23.

52-week price history of VZ Stock

Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Verizon Communications Inc’s current trading price is -8.61% away from its 52-week high, while its distance from the 52-week low is 31.04%. The stock’s price range during this period has varied between$30.14 and $43.21. The Verizon Communications Inc’s shares, which operate in the Communication Services, saw a trading volume of around 54.71 million for the day, a figure considerably higher than their average daily volume of 20.08 million over last three months.

Market Capitalization vs. Financial Performance: A Comparative Study

Verizon Communications Inc (VZ) has experienced a quarterly rise of 6.76% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 166.03B and boasts a workforce of 105400 employees.

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 38.52, with a change in price of +7.92. Similarly, Verizon Communications Inc recorded 21,409,996 in trading volume during the last 100 days, posting a change of +25.09%.

VZ’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 VZ stands at 1.89. Similarly, the long-term debt-to-equity ratio is also 1.71.

VZ Stock Stochastic Average

Verizon Communications Inc’s raw stochastic average for the past 50 days is presently 34.16%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 17.46%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 29.80% and 37.63%, respectively.