Alphabet Inc (NASDAQ:GOOG) price closed lower on Friday, April 12, dropping -1.00% below its previous close.
A look at the daily price movement shows that the last close reads $160.79. The company’s P/E ratio in the trailing 12-month period read 27.42. Taking into account the 52-week price action we note that the stock hit a 52-week high of $161.12 and 52-week low of $103.27. The stock added 13.09% 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 GOOG 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 1.53. The overview shows that GOOG’s price is at present 4.47% off the SMA20 and 9.03% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 65.57, with weekly volatility standing at 1.81%. The indicator jumps to 1.99% when calculated based on the past 30 days. Alphabet Inc (NASDAQ:GOOG)’s beta value is holding at 1.05, while the average true range (ATR) indicator is currently reading 3.26. An analysis of the Alphabet Inc (NASDAQ:GOOG) stock in terms of its daily trading volume indicates that the 3-month average is 23.21 million.
Current records show that the company has 5.69B in outstanding shares. The insiders’ percentage holdings are 57.58% of outstanding shares while the percentage share held by institutions stands at 27.84%. But the 12.96% 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.
