AT&T (T) : During the past 4 weeks, traders have been relatively bearish on AT&T (T), hence the stock is down -5.23% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -5.22% relative to the S&P 500. The 4-week change in the price of the stock is -4.87% and the stock has fallen -5.24% in the past 1 week.
AT&T, Inc. is up 7.85% in the last 3-month period. Year-to-Date the stock performance stands at 23.73%. The stock has recorded a 20-day Moving Average of 4.28% and the 50-Day Moving Average is 2.65%.
AT&T (NYSE:T): The stock opened at $41.23 on Friday but the bulls could not build on the opening and the stock topped out at $41.25 for the day. The stock traded down to $40.69 during the day, due to lack of any buying support eventually closed down at $41.01 with a loss of -0.94% for the day. The stock had closed at $41.40 on the previous day. The total traded volume was 29,461,925 shares.
Also, Equity Analysts at the Brokerage Firm, Citigroup, maintains their rating on the shares of AT&T (NYSE:T). Citigroup has a Buy rating on the shares. As per the latest research report, the brokerage house raises the price target to $48 per share from a prior target of $46. The rating by the firm was issued on July 19, 2016.
AT&T Inc. is a holding company. The Company provides telecommunications services. Its services and products include wireless communications, data/broadband and Internet services, video services, local exchange services, long-distance services, telecommunications equipment, managed networking and wholesale services. Its segments include Wireless, Wireline and International. Its wireless subsidiaries provide both wireless voice and data communication services. The wireline subsidiaries provide landline data and voice communication services, AT&T U-verse broadband, video and voice services (U-verse) and managed networking. Its International segment uses the Iusacell and Unefon regional and national networks to provide wireless data and voice communication services. Its International segment also utilizes the networks of Nextel Mexico to provide similar services. Through its subsidiary, DIRECTV Group Holdings, LLC, it provides pay television in the United States and across the world.