Alphabet Inc (NASDAQ:GOOGL) price closed lower on Friday, April 12, dropping -1.05% below its previous close.
A look at the daily price movement shows that the last close reads $159.41. The company’s P/E ratio in the trailing 12-month period read 27.17. Taking into account the 52-week price action we note that the stock hit a 52-week high of $159.68 and 52-week low of $102.63. The stock added 12.83% on its value in the past month.
Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with no upward and no downward reviews. On the technical perspective front, indicators give GOOGL a short term outlook of 100% Buy on average. Looking at the stock’s medium term indicators we note that it is averaging as a 100% Buy, while an average of long term indicators are currently assigning the stock as 100% Buy.
If we dive deeper into the stock’s performance we see the positive picture represented by the PEG ratio, currently standing at 1.41. The overview shows that GOOGL’s price is at present 4.33% off the SMA20 and 8.92% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 65.01, with weekly volatility standing at 1.84%. The indicator jumps to 2.02% when calculated based on the past 30 days. Alphabet Inc (NASDAQ:GOOGL)’s beta value is holding at 1.05, while the average true range (ATR) indicator is currently reading 3.29. An analysis of the Alphabet Inc (NASDAQ:GOOGL) stock in terms of its daily trading volume indicates that the 3-month average is 31.52 million.
Current records show that the company has 5.90B in outstanding shares. The insiders’ percentage holdings are 52.78% of outstanding shares while the percentage share held by institutions stands at 37.70%. But the 12.91% upside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.
