A stock’s 52-week high and low prices can offer a wealth of information about its current standing and prospective future performance. Alphabet Inc’s current trading price is -3.17% away from its 52-week high, while its distance from the 52-week low is 41.66%. The stock’s price range for this time frame has been between $142.66 and $208.70. The trading volume of the company’s shares in the Communication Services reached around 24.17 million for the day, which was evidently lower than the average daily volume of 27.33 million over the last three months.
Currently, the stock price of Alphabet Inc (GOOG) is $202.09. In the most recent trading session, the stock underwent a significant upswing, peaking at $237.0 after opening at $202.16. The stock touched a low of $185.0 before closing at $197.28.
The market performance of Alphabet Inc has been somewhat stable.
How Financial Performance Impacts Market Capitalization
Alphabet Inc (GOOG) has experienced a quarterly rise of 29.75% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2440.01B and boasts a workforce of 183323 employees.
Decoding Analysts’ Ratings for Alphabet Inc
As of right now, 43 analysts are rating Alphabet Inc as a BUY, 13 of the polled analysts branded the stock as an OVERWEIGHT, 12 analysts are recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 analyst is rating the stock as SELL.
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 171.59, with a change in price of +35.52. Similarly, Alphabet Inc recorded 26,715,807 in trading volume during the last 100 days, posting a change of +21.32%.
How GOOG’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 GOOG stands at 0.11. Similarly, the long-term debt-to-equity ratio is also 0.10.
GOOG Stock Stochastic Average
Alphabet Inc’s raw stochastic average for the past 50 days is currently at 96.66%. This represents a surge from the raw stochastic average of the last 20 days, which was recorded at 94.10%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 92.46% and 89.99%, respectively.
GOOG Stock Price Performance Analysis
The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. This year’s metric has recorded a Price increase of 25.88%. However, over the past six months, we’ve seen a weaker performance of 4.54%. The price of GOOG fallen by 13.09% over the last 30 days. And in the last five days, it has surged by 6.39%.
