The price of Verizon Communications Inc. (NYSE:VZ) went up by $0.37 now trading at $54.42. Their shares witnessed a 18.1% increase from the 52-week low price of $46.08 they recorded on 2018-05-09. Even though it is still -13.16% behind the $61.58 high touched on 2018-11-20. The last few days have been good for the stock, as its price has grew by 0.52% during the week. It has also performed poorly over the past three months, as it lost around -6.61% while it has so far climbed around 9.1% during the course of a year. The stock of VZ recorded -3.2% downtrend from the beginning of this year till date. The 12-month potential price target for Verizon Communications Inc. is set at $59.14. This target means that the stock has an upside potential to increase by 8.67% from the current trading price.
When giving their opinion, around 35.71% of Wall Street analysts, which represents 10 out of 28 rated the stock as a Buy. 18 brokerage firms of the remaining 64.29% rated the stock as a Hold with 0 analyst rating it as a sell. Overall, the number of aggregate VZ shares held by institutional investors represents 67.4% of total shares. 175 institutions entered new Verizon Communications Inc. (NYSE:VZ) positions, 1150 added to their existing positions in these shares, 966 lowered their positions, and 71 exited their positions entirely.
Verizon Communications Inc. (VZ) trade volume has decreased by -41.39% as around 10,829,498 shares were sold when compared with its 50-day average volume of traded shares which is 18,476,959. At the moment, VZ is witnessing a downtrend, as it is trading -2.02% below its 20-day SMA, -3.48% below its 50-day SMA, and 1.65% below its 200-day SMA. The company runs an ROE of roughly 61.8%, with financial analysts predicting that their earnings per share growth will be around 9.46% per annum for the next five year. This will be compared to the 60.5% increase witnessed over the past five years.
The first technical resistance point for Verizon Communications Inc. (NYSE:VZ) will likely come at $54.73, marking a 0.57% premium to the current level. The second resistance point is at $55.04, about 1.13% premium to its current market price. On the other hand, inability to breach the immediate hurdles can drag it down to $53.88, the lower end of the range. VZ’s 14-day MACD is -0.39 and this negative figure indicates a downward trading trend. The company’s 14-day RSI (relative strength index) score is 43.67, which shows that its stock has been neutral. The 20-day historical volatility for the stock stands at 19.92 percent, which is low when compared to that of the 50-day’s 22.86 percent.
The shares of Energy Transfer LP (NYSE:ET) has increased by 2.04%, and now trading at $14.54 on the Wall Street in the intra-day deal, with their shares traded now around 8,195,134. This is a decline of -6,230,392 shares over the average 14,425,526 shares that were traded daily over the last three months. The stock that is trading at $14.54 went higher by 24.49% from its 52-week low of $11.68 that it attained back on 2018-12-24. The stock recorded a 52-week high of $19.19 nearly 191 days ago on 2018-08-06.
ET stock hasn’t performed well over the past 30 days, as it lost -3.32% while its price climbed by 10.07% year-to-date (YTD). Looking at the last few days, it has been tough for the stock, as it tumbled -3.71% over the last week. The stock’s 12-month potential target price is now at $21.25. This means that the stock price might likely increase by 46.15% from its current trading price.16 out of 18 Wall Street analysts which represents 88.89% rated the stock as a buy while the remaining 11.11 rated it as a hold, with 0 of analysts rating it as a sell.
Energy Transfer LP (NYSE:ET) has been utilizing an ROE that is roughly -99.7%, with stock analysts predicting that the company’s EPS for the next five years will go up by 21.48% per year, following the -30.1% drop that was witnessed during the past five years. The stock at the moment is on a downtrend, trading -0.1% below its 20-day SMA, 2.83% above its 50-day SMA, and -10.86% below its 200-day SMA. In percentage terms, the aggregate Energy Transfer LP shares held by institutional investors is 28.2%. 116 institutions jumped in to acquire Energy Transfer LP (ET) fresh stake, 371 added to their current holdings in these shares, 290 lowered their positions, and 70 left no stake in the company.
The stock’s 9-day MACD is -0.34 and this negative figure indicates a downward trading trend. The company’s 9-day RSI score is 50.22, which shows that its stock has been neutral. The 20-day historical volatility for the shares stand at 25.38 percent, which is less when compared to that of the 50-day’s 42.74 percent. On the daily chart, we see that the stock could reach the first level of resistance at $14.67, sporting a 0.89% premium to the current level. The next resistance point is at $14.81, representing nearly 1.82% premium to the current market price of Energy Transfer LP (ET). On the other hand, failure to breach the immediate hurdles can drag it down to $14.26, the lower end of the range.