Verizon Communications Inc (VZ) is Trading Lower on Unusual Volume for December 21

Equities Staff |

Verizon Communications Inc (VZ) experienced unusually high volume on Dec. 21, as the stock lost 1.17% to a closing price of $45.56. The stock saw 31.64 million shares trade hands over the course of the day on 90,663 trades. Given that the stock’s average daily volume over the last month has been 13.17 million shares a day, this represents a pretty substantial spike over the norm.

Verizon Communications Inc has a P/B ratio of 14.11. It also has a P/E ratio of 18.7. The stock has traded between $50.86 and $38.06 over the last 52-weeks, its 50-day SMA is now $45.42, and its 200-day SMA $46.26.

Verizon Communications Inc is a provider of communications, information and entertainment products and services to consumers, businesses and governmental agencies. Its two segments are Wireless and Wireline.

Headquartered in New York, NY, Verizon Communications Inc has 177,900 employees and is currently under the leadership of CEO Lowell C. McAdam.

For a complete fundamental analysis analysis of Verizon Communications Inc, check out’s Stock Valuation Analysis report for VZ. To see the latest independent stock recommendations from’s analysts, visit our Research section.


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All data provided by QuoteMedia and was accurate as of 4:30PM ET.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to:


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