Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Verizon Communications Inc’s current trading price is -7.40% away from its 52-week high, while its distance from the 52-week low is 33.42%. The stock’s price range during this period has varied between $30.14 and $43.42. The company, active in the Communication Services sector, saw a trading volume of around 5.71 million for the day, considerably lower average daily volume of 18.94 million observed over the last three months.
Verizon Communications Inc’s stock has had a calm market performance. The 1-year high for the company’s stock was $43.42 on 04/04/24, and the lowest price during the same period was recorded at $30.14 on 10/06/23.
How Financial Performance Impacts Market Capitalization
Verizon Communications Inc (VZ) has experienced a quarterly rise of 2.22% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 169.03B and boasts a workforce of 105400 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 39.82, with a change in price of +2.90. Similarly, Verizon Communications Inc recorded 19,876,467 in trading volume during the last 100 days, posting a change of +7.75%.
How VZ’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to 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
As of today, the raw stochastic average of Verizon Communications Inc over the past 50 days is 27.34%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 21.43%. Additionally, the Stochastic %K and %D values for the company were 15.46% and 12.24%, respectively, over the past 20 days.
VZ Stock Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. Year to date metric has recorded a gain of 6.64%.However, over the last six months, we can see a weaker performance of 29.48%. Over the last 30 days, the price of VZ has fallen by 0.21%. And in the last five days, it has surged by 1.22%.
