Alphabet Inc (NASDAQ:GOOG) shares, rose in value, with the stock price down by -0.62% to the previous day’s close as strong demand from buyers drove the stock to $166.11.
Actively observing the price movement in the recent trading, the stock is buoying the session at $167.14, falling within a range of $165.55 and $167.44. The value of beta (5-year monthly) is 1.025 whereas the PE ratio is 20.64 over 12-month period. Referring to stock’s 52-week performance, its high was $208.70, and the low was $148.20. On the whole, GOOG has fluctuated by -4.92% over the past month.
With the market capitalization of Alphabet Inc currently standing at about $2011.04 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-03. The company’s Forward Dividend Ratio is 0.80, with its dividend yield at 0.48%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 389.77B, with a low estimate of 86.4B and a high estimate of 91.27B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 89.31B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that GOOG’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of Hold while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the PEG ratio is about 1.51, with the price of GOOG currently trading nearly -1.60% and -9.00% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 41.53, while the 7-day volatility ratio is showing 2.15% which for the 30-day chart, stands at 2.84%. Furthermore, Alphabet Inc (GOOG)’s beta value is 1.02, and its average true range (ATR) is 4.64.
A comparison of Alphabet Inc (GOOG) with its peers suggests the former has fared considerably weaker in the market. GOOG showed an intraday change of -0.62% in today’s session so far, and over the past year, it grew by 9.90%%.
Data on historical trading for Alphabet Inc (NASDAQ:GOOG) indicates that the trading volumes over the past 10 days have averaged 20.62 and over the past 3 months, they’ve averaged 19.15 million. According to company’s latest data on outstanding shares, there are 5.51 billion shares outstanding.
Nearly 58.13% of Alphabet Inc’s shares belong to company insiders and institutional investors own 27.33% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 44.49 million shares as on 2025-03-14, resulting in a short ratio of 2.16. The stock has fallen by -12.78% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the GOOG stock heading into the next quarter.
