Alphabet Inc (NASDAQ:GOOG) shares, rose in value on Wednesday, June 18, with the stock price down by -1.83% to the previous day’s close as strong demand from buyers drove the stock to $173.98.
Actively observing the price movement in the last trading, the stock closed the session at $177.23, falling within a range of $172.88 and $177.8235. The value of beta (5-year monthly) was 1.014 whereas the PE ratio was 19.40 over 12-month period. Referring to stock’s 52-week performance, its high was $208.70, and the low was $142.66. On the whole, GOOG has fluctuated by 3.64% over the past month.
With the market capitalization of Alphabet Inc currently standing at about $2106.84 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Apr-24. The company’s Forward Dividend Ratio is 0.81, with its dividend yield at 0.47%.
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% Buy on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a Hold.
The stock’s technical analysis shows that the PEG ratio is about 1.50, with the price of GOOG currently trading nearly 0.12% and 5.12% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 53.67, while the 7-day volatility ratio is showing 1.24% which for the 30-day chart, stands at 1.49%. Furthermore, Alphabet Inc (GOOG)’s beta value is 1.02, and its average true range (ATR) is 4.33.
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 -1.83% in last session, and over the past year, it shrunk by -2.46%%.
Data on historical trading for Alphabet Inc (NASDAQ:GOOG) indicates that the trading volumes over the past 10 days have averaged 22.49 and over the past 3 months, they’ve averaged 26.15 million. According to company’s latest data on outstanding shares, there are 5.47 billion shares outstanding.
Nearly 58.20% of Alphabet Inc’s shares belong to company insiders and institutional investors own 27.08% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 36.57 million shares as on 2025-05-30, resulting in a short ratio of 1.08. The stock has fallen by -8.64% 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.
