Alphabet Inc. stock performance trend indicates that the stock price has rallied 7.88% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 9.63% . Looking at the past 52 week period, the stock price is up at 15.53% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Alphabet Inc. has a positive value of 14.98 compared to overall market.Based on the Stock Research the Relative Strength Index signal is in over bought territory with a range of 72.31.
Alphabet Inc. (NASDAQ:GOOG) has climbed 1.05% in the past week and advanced 2.9% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 0.81% and the outperformance has advanced to 1.73% for the last 4 weeks period.
For the current week, the company shares have a recommendation consensus of Buy. Alphabet Inc. (NASDAQ:GOOG) : On Friday heightened volatility was witnessed in Alphabet Inc. (NASDAQ:GOOG) which led to swings in the share price. The stock opened for trading at $851.61 and hit $853.4 on the upside , eventually ending the session at $852.12, with a gain of 0.39% or 3.34 points. The heightened volatility saw the trading volume jump to 1,716,471 shares. The 52-week high of the share price is $853.4 and the company has a market cap of $589,173 million. The 52-week low of the share price is at $663.284 .
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Company shares were Reiterated by Needham on Jan 27, 2017 to Buy, Raises Price Target to $ 935 from a previous price target of $925 .Company shares were Reiterated by Citigroup on Jan 3, 2017 to Buy, Raises Price Target to $ 975 from a previous price target of $910 .Alphabet Inc was Initiated by Aegis Capital on Dec 21, 2016 to Buy, Price Target of the shares are set at $980.
Company has reported several Insider transactions to the SEC, on Mar 16, 2017, Sundar Pichai (CEO, Google Inc.) sold 4,000 shares at 857.77 per share price.On Mar 14, 2017, David C Drummond (SVP, Corporate Development) sold 2,000 shares at 852.41 per share price.On Mar 3, 2017, James Grier Campbell (VP, Alphabet Corp. Controller) sold 231 shares at 830.56 per share price.
Alphabet Inc Last issued its quarterly earnings results on Jan 26, 2017. The company reported $9.36 EPS for the quarter, missing the analyst consensus estimate by $ -0.26. Analyst had a consensus of $9.62. The company had revenue of $26064.00 million for the quarter, compared to analysts expectations of $25140.11 million. The companys revenue was up 22.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $8.67 EPS.
Alphabet Inc. is engaged in technology business. The Company provides web-based search, advertisements, maps, software applications, mobile operating systems, consumer content, enterprise solutions, commerce and hardware products through its subsidiaries. Alphabet Inc., formerly known as Google Inc., is headquartered in Mountain View, California.