AT&T, Inc. (NYSE:T) concluded the trading at $16.92 on Wednesday, May 01, with a rise of 0.18% from its closing price on previous day.
Taking a look at stock we notice that its last check on previous day was $16.89 and 5Y monthly beta was reading 0.70. Company’s P/E ratio for the trailing 12 months is 9.07. Considering stock’s 52-week price range provides that T hit a high price of $18.16 and saw its price falling to a low level of $13.43 during that period. Over a period of past 1-month, stock came subtracting -3.42% in its value.
With its current market valuation of $121.03 billion, AT&T, Inc. is set to declare its quarterly results on Apr 24, 2024. T Stock’s Forward Dividend of 1.11 and its yield of 6.56% are making investors’ thoughts stronger that it could climb further before the company announces its earnings for the current quarter.
In contrast, when we review T stock’s current outlook then short term indicators are assigning it an average of Hold, while medium term indicators are categorizing the stock at an average of 50% Buy. Long term indicators are suggesting an average of 50% Buy for it.
Digging deeper we become aware of the PEG ratio of the T stock which is currently positioned at 7.44. It further provides that stock’s current price level is 1.21% away from its 20-day simple moving average and is -0.17% off its SMA50. Its relative strength index (RSI) for 14-periods is oscillating at 52.85 while volatility remained at 2.14% over the past week which changes to 1.93% when measuring it over the past month. Beta is valued at 0.56, while measure of average true range or ATR is currently at 0.35.
Having a second look at AT&T, Inc. (NYSE:T) provides that stock’s average daily trading volume for 3 months was 37.21 million. Number of outstanding shares of the stock stood at 7.15 billion.
The percentage of outstanding shares held by the insiders is 0.11% while it is 58.07% for the institutional holders. Addition of 0.83% by stock’s current price to its year-to-date value in last trading session is likely to be increasing investors’ interest in the stock as it is hinting an extended uptrend.
