As of today, April 22, 2025, Alphabet Inc., the parent company of Google, is trading at $153.33 per share. This is a slight decline from its previous close of $191.60, as reported by Morningstar. The 52-week high for GOOGL stock is $207.05, while the low is $140.53, indicating a significant fluctuation in its value over the past year.
The trading volume for Alphabet Inc. has been substantial, with 33,046,576 shares traded today. This is higher than the average volume of 36,168,527 shares per day, as seen on the Nasdaq website. The average daily dollar volume for the past three months is approximately $5.996 billion, according to Finbox.
Alphabet's financial performance has been mixed. The company reported $96 billion in revenue for the last quarter, which fell short of revenue expectations by $201 million. However, earnings per share exceeded estimates by $0.02. This performance has led to a price-to-earnings ratio of 23.52, as reported by Morningstar.
In terms of recent news, Alphabet has been focusing on diversifying its business beyond search and text-based advertising. The company's cloud computing platform, Google Cloud Platform (GCP), accounts for roughly 10% of Alphabet's revenue. Additionally, Alphabet's investments in emerging technologies such as self-driving cars through Waymo and health initiatives through Verily are gaining attention.
Major analyst updates have also been notable. Morningstar's valuation indicates that Alphabet is a holding company with a market capitalization of $2.26 trillion, making it a mega-cap stock. The beta of 0.88 suggests that Alphabet tends to be less sensitive to market movements, which is a positive indicator for investors seeking stability.
Despite these positive aspects, Alphabet's stock has underperformed the market in the last year, returning -0.9%, compared to the SPY ETF's gain of 4.5%. However, in the most recent two weeks, GOOGL has outperformed the stock market by returning 1.8%, while the SPY ETF returned -3.9%.
Overall, while Alphabet's stock price has experienced fluctuations, the company's diversified business model and stable financial performance make it an attractive investment option for long-term investors. The current trading volume and recent news suggest that investors are closely monitoring Alphabet's progress in emerging technologies and its efforts to diversify its revenue streams.
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