(VIANEWS) – The NYSE opens in less than one hour and Verizon‘s pre-market value is already 4.6% up.
Verizon’s last close was $39.58, 5.76% below its 52-week high of $42.00.
The last session, NYSE finished with Verizon (VZ) jumping 0.64% to $39.58. NYSE rose 0.3% to $16,779.49, after three successive sessions in a row of gains, on what was a somewhat up trend trading session.
About Verizon
Verizon Communications Inc., through its subsidiaries, provides communications, technology, information, and entertainment products and services to consumers, businesses, and governmental entities worldwide. It operates in two segments, Verizon Consumer Group (Consumer) and Verizon Business Group (Business). The Consumer segment provides wireless services across the wireless networks in the United States under the Verizon and TracFone brands and through wholesale and other arrangements; and fixed wireless access (FWA) broadband through its wireless networks. It also offers wireline services in the Mid-Atlantic and Northeastern United States, as well as Washington D.C. through its fiber-optic network, Verizon Fios product portfolio, and a copper-based network. The Business segment provides wireless and wireline communications services and products, including data, video, conferencing, corporate networking, security and managed network, local and long-distance voice, network access, and various IoT services and products, as well as FWA broadband through its wireless networks. The company was formerly known as Bell Atlantic Corporation and changed its name to Verizon Communications Inc. in June 2000. Verizon Communications Inc. was incorporated in 1983 and is headquartered in New York, New York.
Earnings Per Share
As for profitability, Verizon has a trailing twelve months EPS of $4.97.
PE Ratio
Verizon has a trailing twelve months price to earnings ratio of 7.96. Meaning, the purchaser of the share is investing $7.96 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 22.75%.
Moving Average
Verizon’s value is above its 50-day moving average of $37.73 and way above its 200-day moving average of $35.61.
Revenue Growth
Year-on-year quarterly revenue growth declined by 2.6%, now sitting on 134.1B for the twelve trailing months.
More news about Verizon (VZ).
