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 4.32%.However, over the last six months, we can see a weaker performance of 9.55%. Over the last 30 days, the price of VZ has leaped by -6.62%. And in the last five days, it has fallen by -1.90%.
Verizon Communications Inc’s market performance has been stable in recent times. The company’s stock hit a 1-year high of $43.42 on 04/04/24 and a low of $30.14 for the same time frame 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 -9.42% away from its 52-week high, while its distance from the 52-week low is 30.51%. The stock’s price range during this period has varied between$30.14 and $43.42. The Verizon Communications Inc’s shares, which operate in the Communication Services, saw a trading volume of around 12.38 million for the day, a figure considerably lower than their average daily volume of 18.36 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Verizon Communications Inc (VZ) has experienced a quarterly decline of -4.95% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 165.55B 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 39.96, with a change in price of +1.66. Similarly, Verizon Communications Inc recorded 20,094,318 in trading volume during the last 100 days, posting a change of +4.41%.
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 1.86. Similarly, the long-term debt-to-equity ratio is also 1.65.
VZ Stock Stochastic Average
As of today, Verizon Communications Inc’s raw stochastic average for the last 50 days stands at 15.84%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 25.00%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 14.58% and 13.06%, respectively.
