Verizon Communication Inc, Traded At A Share Price of $45.1

The telecommunication is being traded at a share price of $45.1 and has been showing promising results for the future.

A decline in the market capitalization of Verizon Communication, Inc. stock was witnessed on November 11, 2015. The shares dropped by 0.44% and they were being traded at a share price of $45.1.

Throughout the trading session the stock price of the shares kept fluctuating between $45.33 and $44.8, the former being the highest the share price of Verizon’s stock was seen hit and the latter being the lowest it was seen. The final traded was called at $45.1 per share with the shares of the telecommunication company soaring at 9,996,441 shares. Presently, the market cap of the telecommunication American company is $183,506 million while the outstanding shares of the company are 4,068,873,100 shares.

The one year high and low of Verizon Communication was seen at $51.73 and $38.06, respectively. In the previous five trading days, Verizon’s stock has dropped by 2.91% regardless they have shown and posted positive gain in a month’s time. In the past 4 weeks, the stock had increased by 1.81% hence the positivity. Contrary to that in the last three months, the company’s shares have again dropped by 4.52%. The stock’s performance in a year’s time has been 1,11%.

Insider trading was also seen and reported by the telecommunication company to the SEC. Verizon’s Executive Vice President and President of Production, Innovation and New Business unloaded 8,229 shares. These shares were being unloaded at an average share price of $46.25. The transaction was done on August 7, 2015 and was worth $380,674 and the information was revealed by Verizon to the SEC on a form 4 filing.

Insiders of the company own 0.11% of the company’s share while 62.59% of the shares were owned by Institutional Investors. As for the short interest, it has fallen by 16.6% making the shares count to 9,130,152 shares. Total floated share in the company are the remaining 1.1%. The earnings per share of Verizon are 2.51, these earnings are the portion of Verizon’s profit and the price to earnings ratio is at 18.04.The total float is currently at 4.07 billion shares. Through EPS a company’s profitability can be measured.

The week performance of Verizon’s stock is -2.91%, monthly performance is of 1.81% finally the year to date performance stands at -6.75%. Volatility being the statistical measure of the dispersion of the shares is at 1.32% having an average number of shares in the company to be 15202.97. As for the five year plan of the company, it has been predicted by the analysts of the company that there will be an EPS growth of 7.10%. Presently, the return on the company’s equity is 88.80% and 8.55 is the debt on equity.