Shareholder returns and stock trends
On March 20, Verizon’s (VZ) closing price was $57.67 per share. Based on the closing price, Verizon has a market capitalization of $238.3 billion—the largest among all of the major US wireless service providers. The stock is trading 25.1% above its 52-week low of $46.09 per share and 6.3% below its 52-week high of $61.58 per share.
Verizon’s stock price has risen 3.4% in the trailing one-month period, 20.9% in the trailing 12-month period, and 2.6% year-to-date. Analysts’ estimates show that the stock could rise ~3.2% over the next 12 months.
In comparison, T-Mobile (TMUS) and Sprint (S) have seen their stock prices rise 14.8% and 21%, respectively, in the trailing 12-month period. AT&T’s (T) stock price has fallen 16% in the trailing 12-month period.
In the trading session on March 20, Verizon stock closed at $57.67, which is near its Bollinger Band mid-range level of $57.01. The level suggests that Verizon stock isn’t overbought or oversold.
Verizon’s 14-day MACD (moving average convergence divergence) is 0.60. The positive figure indicates an upward trading trend for Verizon. A company’s MACD is calculated as the difference between its long-term and short-term moving averages. Sprint’s 14-day MACD is 0.07, AT&T’s is 0.34, and T-Mobile’s is 0.80.