Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Verizon Communications Inc’s current trading price is -2.06% away from its 52-week high, while its distance from the 52-week low is 21.85%. The stock’s price range over this period has fluctuated between $36.46 and $45.36. The company, operating within the financial sector, had a trading volume of approximately 3.5 million for the day, which was noticeably lower than the average daily share volume of 18.85 million over the last 3 months.
The market performance of Verizon Communications Inc’s stock has been harmonious in recent times. Over the last year, the company’s stock reached its highest point at $45.36 on 09/30/24, while the lowest value for the same duration was $36.46 on 12/13/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Verizon Communications Inc (VZ) has experienced a quarterly rise of 6.33% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 187.01B and boasts a workforce of 105400 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 42.15, with a change in price of +3.20. Similarly, Verizon Communications Inc recorded 18,009,484 in trading volume during the last 100 days, posting a change of +7.80%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for VZ stands at 1.81. Similarly, the long-term debt-to-equity ratio is also 1.54.
VZ Stock Stochastic Average
Today, Verizon Communications Inc’s raw stochastic average for the past 50 days stands at 79.66%, indicating a decline from the raw stochastic average of the last 20 days, which was 90.44%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 91.80% and 93.93% respectively.
VZ Stock Price Performance Analysis
Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. This year’s metric has recorded a Price increase of 17.84%. However, over the past six months, we’ve seen a weaker performance of 7.96%. The price of VZ fallen by 7.62% over the last 30 days. And in the last five days, it has surged by 4.53%.