Verizon Communications (VZ) Shares are Up 0.12%

On a relative basis, the stock has outperformed the S&P 500 by 0.96% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week. The stock has risen by 0.12% in the past week indicating that the buyers are active at lower levels, but the stock is down -1.09% in the past 4 weeks.

The stock has recorded a 20-day Moving Average of 1.23% and the 50-Day Moving Average is 3.71%.The 200 Day SMA reached 2.61% Verizon Communications Inc. has dropped 2.56% during the last 3-month period . Year-to-Date the stock performance stands at 15.99%.


Verizon Communications (VZ) : The consensus price target for Verizon Communications (VZ) is $53.86 for the short term with a standard deviation of $4.42. The most optimist securities analyst among the 14 who monitor the stock believes that the stock can reach $60, however, the pessimist price target for the company is $42.

Company shares have received an average consensus rating of Hold for the current week Verizon Communications (NYSE:VZ): stock was range-bound between the intraday low of $51.62 and the intraday high of $51.97 after having opened at $51.89 on Fridays session. The stock finally closed in the red at $51.89, a loss of -0.19%. The stock remained in the red for the whole trading day. The total traded volume was 19,932,330 shares. The stock failed to cross $51.97 in Fridays trading. The stocks closing price on Thursday was $51.98.

Verizon Communications Inc. (Verizon) is a holding company that, acting through its subsidiaries, provides communications, information and entertainment products and services to consumers, businesses and governmental agencies. Its segments include Wireless and Wireline. The Wireless segment includes the Cellco Partnership doing business as Verizon Wireless. Wireless communications products and services include wireless voice and data services and equipment sales, which are provided to consumer, business and government customers across the United States. Wirelines voice, data and video communications products and services include broadband video and data, corporate networking solutions, data center and cloud services, security and managed network services and local and long distance voice services. Verizon provides these products and services to consumers in the United States, as well as to carriers, businesses and government customers both in the United States and around the world.

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