The price of AT&T, Inc (NYSE:T) shares last traded on Wall Street fell -0.90% to $21.92.
T stock price is now 1.92% away from the 50-day moving average and 17.26% away from the 200-day moving average. The market capitalization of the company currently stands at $154.35B.
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With the price target of $22, Goldman recently initiated with Buy rating for AT&T, Inc (NYSE: T). , while ‘Barclays’ rates the stock as ‘Overweight’
In other news, LUCZO STEPHEN J, Director bought 62,500 shares of the company’s stock on Nov 13 ’23. The stock was bought for $971,875 at an average price of $15.55. Upon completion of the transaction, the Director now directly owns 395,500 shares in the company, valued at $8.67 million. A total of 0.29% of the company’s stock is owned by insiders.
During the past 12 months, AT&T, Inc has had a low of $15.46 and a high of $22.73. As of last week, the company has a debt-to-equity ratio of 1.43, a current ratio of 0.60, and a quick ratio of 0.54. According to the stock market information, the enterprise value for the company is $318547329024, which is based on a 17.82 price-to-earnings ratio, a 14.85 price-to-earnings-growth ratio, and a beta of 0.58. The fifty day moving average price for T is $21.463 and a two-hundred day moving average price translates $18.6676 for the stock.
The latest earnings results from AT&T, Inc (NYSE: T) was released for 2024-09-30. The net profit margin was 7.25% and return on equity was 8.79% for T. The company reported revenue of $30.21 billion for the quarter, compared to $30.35 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -0.45 percent.
