Less Than One Hour Before The NASDAQ Open, Alphabet Is Up By 5%

(VIANEWS) – The NASDAQ opens in less than one hour and Alphabet‘s pre-market value is already 5.37% up.

Alphabet’s last close was $141.18, 8.19% under its 52-week high of $153.78.

The last session, NASDAQ finished with Alphabet (GOOGL) sliding 1.34% to $141.18. NASDAQ dropped 0.96% to $15,973.17, after three consecutive sessions in a row of losses, on what was a somewhat down trend exchanging session.

About Alphabet

Alphabet Inc. offers various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America. It operates through Google Services, Google Cloud, and Other Bets segments. The Google Services segment provides products and services, including ads, Android, Chrome, devices, Gmail, Google Drive, Google Maps, Google Photos, Google Play, Search, and YouTube. It is also involved in the sale of apps and in-app purchases and digital content in the Google Play and YouTube; and devices, as well as in the provision of YouTube consumer subscription services. The Google Cloud segment offers infrastructure, cybersecurity, databases, analytics, AI, and other services; Google Workspace that include cloud-based communication and collaboration tools for enterprises, such as Gmail, Docs, Drive, Calendar, and Meet; and other services for enterprise customers. The Other Bets segment sells healthcare-related and internet services. The company was incorporated in 1998 and is headquartered in Mountain View, California.

Earnings Per Share

As for profitability, Alphabet has a trailing twelve months EPS of $5.8.

PE Ratio

Alphabet has a trailing twelve months price to earnings ratio of 24.34. Meaning, the purchaser of the share is investing $24.34 for every dollar of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 27.36%.

More news about Alphabet (GOOGL).

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