Google (NASDAQ:GOOG) : During the past 4 weeks, traders have been relatively bearish on Google (NASDAQ:GOOG), hence the stock is down -3.47% 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 -0.36% relative to the S&P 500. The stock has risen by 0.92% in the past week indicating that the buyers are active at lower levels, but the stock is down -1.92% in the past 4 weeks.
The company shares have rallied 29.11% from its 1 Year high price. On Feb 2, 2016, the shares registered one year high at $789.87 and the one year low was seen on Jul 13, 2015. The 50-Day Moving Average price is $708.46 and the 200 Day Moving Average price is recorded at $718.86.
The stock has recorded a 20-day Moving Average of 0.94% and the 50-Day Moving Average is 0.27%.
Google (NASDAQ:GOOG): stock turned positive on Friday. Though the stock opened at $699.5, the bulls momentum made the stock top out at $705.71 level for the day. The stock recorded a low of $696.435 and closed the trading day at $705.63, in the green by 1.48%. The total traded volume for the day was 1,575,166. The stock had closed at $695.36 in the previous days trading.
In an insider trading activity, Pichai Sundar, officer (CEO, Google Inc.) of Alphabet Inc., unloaded 4,000 shares at an average price of $695.12 on July 6, 2016. The total amount of the transaction was worth $2,780,480, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
Alphabet Inc (Alphabet) is a collection of Companies. The Companys collection include Calico, Googles health and longevity effort; Nest its connected home business; Fiber, its gigabit internet arm; and its investment divisions such as Google Ventures and Google Capital, and incubator projects, such as Google X. These will be managed separately in Alphabet. On October 2, 2015, Google implemented a holding company reorganization pursuant to the Agreement and Plan of Merger (the Merger Agreement), dated as of October 2, 2015, among Google, Alphabet and Maple Technologies Inc., a Delaware corporation (Merger Sub), which resulted in Alphabet owning all of the outstanding capital stock of Google. Pursuant to the Alphabet Merger, Merger Sub, a direct, wholly owned subsidiary of Alphabet and an indirect, wholly owned subsidiary of Google, merged with and into Google, with Google surviving as a direct, wholly owned subsidiary of Alphabet.