Witnessing the stock’s movement on the chart, on Wednesday, Verizon Communications Inc (NYSE: VZ) had a quiet start as it plunged -0.12% to $41.28, before settling in for the price of $41.33 at the close. Taking a more long-term approach, VZ posted a 52-week range of $33.84-$45.36.
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The company of the Communication Services sector’s yearbook sales growth during the past 5- year span was recorded 0.50%. Meanwhile, its Annual Earning per share during the time was -6.03%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -2.66%. This publicly-traded company’s shares outstanding now amounts to $4.21 billion, simultaneously with a float of $4.21 billion. The organization now has a market capitalization sitting at $173.77 billion. At the time of writing, stock’s 50-day Moving Average stood at $43.12, while the 200-day Moving Average is $41.15.
Verizon Communications Inc (VZ) Ownership Facts and Figures
Nothing is more important than checking the behaviour of major investors towards the stock of the Telecom Services industry. Verizon Communications Inc’s current insider ownership accounts for 0.04%, in contrast to 64.40% institutional ownership.
Verizon Communications Inc (VZ) Earnings and Revenue Records
Verizon Communications Inc’s EPS decrease for this current 12-month fiscal period is -2.66% and is forecasted to reach 4.73 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 3.00% through the next 5 years, which can be compared against the -6.03% growth it accomplished over the previous five years trading on the market.
Verizon Communications Inc (NYSE: VZ) Trading Performance Indicators
Let’s observe the current performance indicators for Verizon Communications Inc (VZ). It’s Quick Ratio in the last reported quarter now stands at 0.57. The Stock has managed to achieve an average true range (ATR) of 0.77. Alongside those numbers, its PE Ratio stands at $17.80, and its Beta score is 0.41. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.29. Similarly, its price to free cash flow for trailing twelve months is now 9.38.
In the same vein, VZ’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 2.32, a figure that is expected to reach 1.11 in the next quarter, and analysts are predicting that it will be 4.73 at the market close of one year from today.
Technical Analysis of Verizon Communications Inc (VZ)
Going through the that latest performance of [Verizon Communications Inc, VZ]. Its last 5-days volume of 17.65 million was inferior to the volume of 18.56 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 19.13% While, its Average True Range was 0.77.
Raw Stochastic average of Verizon Communications Inc (VZ) in the period of the previous 100 days is set at 38.74%, which indicates a major rise in contrast to 15.36% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 28.79% that was higher than 22.51% volatility it exhibited in the past 100-days period.
