Verizon traded at $46.12 this Thursday July 30th, decreasing $1.10 or 2.33 percent since the previous trading session. Looking back, over the last four weeks, Verizon lost 9.84 percent. Over the last 12 months, its price rose by 7.86 percent. Looking ahead, we forecast Verizon to be priced at 45.40 by the end of this quarter and at 42.59 in one year, according to Trading Economics global macro models projections and analysts expectations.
Verizon Communications Inc. is a holding company. The Company, through its subsidiaries, provides communications, information and entertainment products and services to consumers, businesses and governmental agencies. Its reportable segments are Verizon Consumer Group and Verizon Business Group. Its Consumer segment provides wireless and wireline communications services. Its wireless services are provided across wireless networks in the United States (U.S.) under the Verizon brand. Its wireline services are provided in nine states in the Mid-Atlantic and Northeastern U.S., as well as Washington D.C., over its fiber-optic network under the Fios brand and over a traditional copper-based network. Its Business segment provides wireless and wireline communications services and products, including data, video and conferencing services, security and managed network services, local and long-distance voice services and network access to deliver various Internet of Things services and products.