Verizon Communications Inc. (NYSE:VZ) [Trend Analysis] hangs on to mix trends, as shares trade at $49.66 by slightly up 0.06% with volume of 15.34 Million shares. Verizon (VZ) reported that it has teamed up with National Geographic Society to help support the tenth annual National Parks BioBlitz and Biodiversity Festival event in Washington, D.C., on May 20-21.
This event engages scientists, students and the general public in a two-day race to count as many species of plants and animals as possible and better appreciate the dynamic culture of many national parks across the region.
The president South East Market, Verizon Wireless, Roger Tang stated that Verizon is proud to once again partner with the National Park Service and National Geographic on BioBlitz. “This wonderful event is part scientific endeavor, part outdoor classroom excursion and part celebration of biodiversity and culture. It’s also a perfect place to demonstrate true mobile technology in education.”
Major bullish and bearish trends reflect in rating research, from pool of WSJ analyst gave 56.00 as a highest price target, medium point hits to 53.00, while the lowest share price targets assigned 40.00. The data compelled by Wall Street Journal average suggest average price target would by 51.80, where as current price stood at 49.66.
Moderately analysts issue miscellaneous recommendation for VZ, as 9 experts rated as “BUY” security, 1 analyst have faith on stocks as “Overweight,” moreover 22 experts rated as “Hold”.
As the revenues measures, firm has operation margin of 25.10% in the following twelve months with net profit margin of positive 13.60%. The Company showed a positive 13.60% in the net profit margin and in addition to in its operating margin which remained 25.10%. Company’s annual sales growth for the past five year was 4.30%.
Verizon Communications Inc. (NYSE:VZ) presented weekly performance of -2.51% with respect to its rate of return and it remained -0.74% for the month. However, the performance for a quarter experienced change of -1.73% and its performance for a year is 4.34% and its year to date performance remained in green with 9.91%. The stock price volatility was 1.43% for a week and 1.28% for a month as well as price volatility’s Average True Range for 14 days was 0.72 and its beta remained 0.24.
Current stock price is in the upbeat territory taking into account of 20 days moving average with -2.49% and continued bullish run for 50 days moving average with -4.16%. Its earnings per share for the past twelve months were 80.70%. Company’s beta coefficient was at 0.24. Beta measures the amount of market risk associated with market trade.