Verizon Communications (VZ) : During the past 4 weeks, traders have been relatively bearish on Verizon Communications (VZ), hence the stock is down -5.83% 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 -0.07% relative to the S&P 500. The 4-week change in the price of the stock is -6.03% and the stock has fallen -0.72% in the past 1 week.
Company shares have received an average consensus rating of Hold for the current week The stock has recorded a twenty day Moving Average of 2.61% and the fifty day Moving Average is 4.28%. Verizon Communications Inc. is up 3.9% in the last three month period. Year-to-Date the stock performance stands at 16.41%.
Verizon Communications (VZ) : The highest level Verizon Communications (VZ) is projected to reach is $60 for the short term and the lowest estimate is at $42. The consolidated price target from 17 rating analysts who initiate coverage on the stock is $53.88 and the possibility the share price can swing is $4.09.
Verizon Communications (NYSE:VZ): On Fridays trading session , Opening price of the stock was $52.64 with an intraday high of $53.005. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $51.9. However, the stock managed to close at $52.07, a loss of 1.29% for the day. On the previous day, the stock had closed at $52.75. The total traded volume of the day was 15,105,303 shares.
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.