Million

April

Yield

Squawk

<ul class="list-ic vertical"> 
 <li> <span>1</span> <a>Verizon (VZ) stock price showed slightly bullish sentiments on Monday morning.</a> </li> 
 <li> <span>2</span> <a>On the last 1 day, over 30 Million trading volume activity was noted in VZ share price.</a> </li> 
</ul> 
<p>Verizon Communications Inc. (NYSE: VZ) stock is following AT&amp;T Inc. (NYSE: T) stock in the 1-day trading volume activity. As the chart mentioned below shows, the 1-day volume in T stock is 49.476 Million whereas in VZ stock it is 30.784 Million.&nbsp;</p> 
<p>On the other hand, Vodafone Group Plc (NASDAQ: VOD), T-Mobile Us Inc. (NASDAQ: TMUS), and America Movil SAB de CV (NYSE: AMX) experienced 8.702 Million, 5.012 Million, and 4.055 Million trading volume in the last 1 day, respectively.</p> 
<div class="wp-block-image"> 
 <figure class="aligncenter is-resized"> 
  <img decoding="async" loading="lazy" src="https://lh3.googleusercontent.com/daQndjZkTJSI0HtiUbLmgRFOHUzOxckoEJDUlxXjdhjHboYqmhUYsqDy8rHl8JOX20MGkZi3tf6WnrjVmSI__Y7CyiDduCqeTlmhSK4-f92GRBAstPKVU7tjL1VCyMVMWrq2fF-fvkNvnGVJK7jsRg" alt="VZ Stock Price Noted Over 30 Million Trading Volume in a Day" width="1105" height="277"> 
 </figure> 
</div> 
<p><strong>Source: TradingView</strong></p> 
<h2 class="wp-block-heading" id="strong-vz-stock-price-analysis-strong"><strong>VZ Stock Price Analysis</strong></h2> 
<p>Verizon (VZ) <a href="https://www.thecoinrepublic.com/2023/07/18/rivian-rivn-stock-price-showed-bearish-trend-on-monday/" rel="noopener noreferrer nofollow">stock price </a>is showing bullish sentiments with a 0.30% price rise on July 24, 2023, Monday’s trading session. The increased trading volume activity has supported the bullish sentiments of VZ stock.</p> 
<p>In the recent week, VZ share price rose by 0.98%, which opposed its 1-month price drop of 5.48%, as per the data sourced from TradingView, a web-based social network for traders.</p> 
<div class="wp-block-image"> 
 <figure class="aligncenter"> 
  <img decoding="async" src="https://lh5.googleusercontent.com/lNgZnZGKeA-LrXw_gPKPWKnNez0F5Rh5-bFaK3lycxOmFPsbU6X-BtUgmOltZM3_1g7W00uV3AjvSSDNnizDti4ky9334pIdEftWXxVuyrnuvQeE-SW80Te-nvffohWsQCBlU-6ny7ozI5CggxaABA" alt="VZ Stock Price Noted Over 30 Million Trading Volume in a Day"> 
  <figcaption class="wp-element-caption"> <strong>Source: VZ/USD by TradingView</strong> 
  </figcaption> 
 </figure> 
</div> 
<p>On Monday morning, VZ stock opened at $33.88 and noted closing at $33.98. In the intraday trading session, VZ share rose up to $34.60, and the low was $33.71.&nbsp;</p> 
<p>As the above chart shows, in its pre-market session, VZ share price showed an upside trend. If the bullish movement continues during the trading session, then VZ <a href="https://www.thecoinrepublic.com/2023/07/20/latam-stock-price-performed-bullish-with-over-55-ytd-growth/" rel="noopener noreferrer nofollow">stock </a>price may surpass its 20-day moving average.</p> 
<p>Furthermore, Verizon Communications Inc. is going to release its Q2 2023 earnings and revenue report today, July 25, 2023. Thus, more price movements can be expected in today’s trading session.</p> 
<h3 class="wp-block-heading" id="strong-the-fundamentals-of-verizon-communications-strong"><strong>The Fundamentals of Verizon Communications</strong></h3> 
<p>Verizon Communications Inc. (NYSE: VZ), a telecommunications company, has a market cap of nearly $142.85 Billion. On April 25, 2023, the company released its Q1 2023 earnings and revenue report which states its net income during the quarter is $4.91 Billion.&nbsp;</p> 
<p>VZ price-to-sales ratio is 1.05 and it has an Enterprise Value to EBITDA ratio of 6.72. VZ dividends are paid quarterly while its last dividend per share was $0.65 and as of today, the Dividend Yield (TTM)% is 7.67%.</p> 
<p>The earnings per share (EPS) for Q1 2023 is $1.20 whereas the estimation was $1.19 which accounts for a 0.52% surprise. The revenue for a similar period reached $32.91 Billion despite the estimated figure of $33.57 Billion.</p> 
<p>As Verizon Communications Inc. will release its Q2 2023 earnings and revenue report today, the estimated EPS is $1.17, while the revenue is expected to reach $33.30 Billion. Squawk Box, the “pre-market” morning news and talk program, also shared a tweet regarding Verizon’s Q2 2023 report.</p> 
<blockquote class="twitter-tweet"> 
 <p lang="en" dir="ltr"><a href="https://twitter.com/search?q=%24VZ&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$VZ</a> beats estimates on profits, but Q2 sales come in light. Wolfe Research's Peter Supino has a deeper look at the quarter, and the impact of fresh concerns over lead-covered telecom cables. <a href="https://t.co/Hov61A1Yae" rel="noopener noreferrer nofollow">pic.twitter.com/Hov61A1Yae</a></p>— Squawk Box (@SquawkCNBC) <a href="https://twitter.com/SquawkCNBC/status/1683816931785048065?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">July 25, 2023</a> 
</blockquote> 
<h5 class="wp-block-heading"><strong>Disclaimer</strong></h5> 
<p>The views and opinions stated by the author, or any people named in this article, are for informational ideas only and do not establish financial, investment, or other advice. Investing in or trading crypto or stock comes with a risk of financial loss.</p>

VZ Stock Price Noted Over 30 Million Trading Volume in a Day

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