AT&T (T) has risen sharply, recording gains of 1.29% in the past 4 weeks. However, the stock has corrected -0.3% in the past 1 week, providing a good buying opportunity on dips. AT&T (T) : During the past 4 weeks, traders have been relatively bearish on AT&T (T), hence the stock is down -1.17% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -0.72% relative to the S&P 500.
AT&T (NYSE:T): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $43.16 and $42.77 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $43.22. The buying momentum continued till the end and the stock did not give up its gains. It closed at $43.16, notching a gain of 0.19% for the day. The total traded volume was 19,623,229 . The stock had closed at $43.08 on the previous day.
The stock has recorded a 20-day Moving Average of 0.81% and the 50-Day Moving Average is 4.45%. AT&T, Inc. is up 11.93% in the last 3-month period. Year-to-Date the stock performance stands at 30.21%.
AT&T (T) : The highest short term price target forecast on AT&T (T) is $48 and the lowest target price is $35. A total of 16 equity analysts are currently covering the company. The average price of all the analysts is $43.5 with a standard deviation of $3.46.
AT&T Inc. is a holding company. The Company provides telecommunications services. Its services and products include wireless communications, data/broadband and Internet services, video services, local exchange services, long-distance services, telecommunications equipment, managed networking and wholesale services. Its segments include Wireless, Wireline and International. Its wireless subsidiaries provide both wireless voice and data communication services. The wireline subsidiaries provide landline data and voice communication services, AT&T U-verse broadband, video and voice services (U-verse) and managed networking. Its International segment uses the Iusacell and Unefon regional and national networks to provide wireless data and voice communication services. Its International segment also utilizes the networks of Nextel Mexico to provide similar services. Through its subsidiary, DIRECTV Group Holdings, LLC, it provides pay television in the United States and across the world.