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 7.19% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 21.39%. Over the past 30 days, the price of VZ has leaped by -0.79%. And in the last five days, it has surged by 2.33%.
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 -6.48% away from its 52-week high, while its distance from the 52-week low is 34.10%. 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 4.4 million for the day, a figure considerably lower than their average daily volume of 20.06 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Verizon Communications Inc (VZ) has experienced a quarterly rise of 8.34% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 169.89B 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 38.86, with a change in price of +6.99. Similarly, Verizon Communications Inc recorded 20,309,943 in trading volume during the last 100 days, posting a change of +20.89%.
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 50.71%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 70.60%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 63.10% and 53.23%, respectively.
