Alphabet Inc.s in-depth stock price analysis indicates that the stock price has rallied 6.99% 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 5.73% . Looking at the past 52 week period, the stock price is up at 19.24% . 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 3.61 compared to overall market. Alphabet Inc. (NASDAQ:GOOG) has climbed 1.52% in the past week and advanced 0.72% in the last 4 weeks. The company has outperformed the S&P 500 by 0.7% in the past week but underperformed the index by 1.09% in the last 4 weeks.
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 $811.7 and hit $815.25 on the upside , eventually ending the session at $813.67, with a gain of 0.51% or 4.11 points. The heightened volatility saw the trading volume jump to 1,134,976 shares. The 52-week high of the share price is $841.95 and the company has a market cap of $562,588 million. The 52-week low of the share price is at $663.284 .
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.
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 Feb 9, 2017, Sergey Brin (President) sold 33,332 shares at 820.07 per share price.On Feb 8, 2017, Sundar Pichai (CEO, Google Inc.) sold 4,000 shares at 818.77 per share price.On Feb 7, 2017, L John Doerr (director) sold 15,641 shares at 798.71 per share price.
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.