Alphabet (GOOG) Shares End Positive After Trading Lower from Session Highs
Alphabet Inc. Class C shares, traded under the ticker GOOG on the NASDAQ, concluded the trading day on Thursday, April 25th, with a gain, although the closing price was significantly below the day’s peak.
The stock finished the official session at 163.85 USD. This value represents an increase of 2.38 USD, or 1.47%, from the prior closing price of 161.47 USD. Trading officially ceased at 8:00 pm GMT-4. The day’s trading pattern showed an initial surge, with GOOG opening at 167.10 USD and reaching a high of 168.24 USD. However, the stock later pulled back, touching a low of 163.00 USD before ending the session.
In post-market activity, Alphabet shares saw a slight decrease, trading at 163.68 USD. This marked a modest dip of 0.17 USD, or 0.10%, from the official closing bell.
Key financial data points highlight Alphabet’s position in the market. The company boasts a massive market capitalization of approximately 1.99 Trillion USD. Its Price-to-Earnings (P/E) ratio stands at 18.56. Investors also note the company’s dividend yield, currently at 0.49%.
Over the past year, Alphabet’s Class C stock has navigated a wide range. The 52-week high recorded is 208.70 USD, while the 52-week low stands at 142.66 USD. Thursday’s closing price places the stock comfortably above the lower end of this annual range but still well off its highest point achieved during the period.
