Alphabet (GOOG) Stock Gains Traction, Closes Higher on Thursday
MOUNTAIN VIEW, CA – Alphabet Inc Class C shares (NASDAQ: GOOG), representing the parent company of Google, posted gains during the trading session on Thursday, May 2nd.
The stock concluded the regular trading day at 165.81 USD. This signifies an increase of +3.02 USD, or +1.86%, compared to the previous market close of 162.79 USD.
Alphabet’s stock began the day at 164.96 USD. Throughout the May 2nd session, it saw fluctuations, hitting an intraday high of 166.70 USD and a low of 163.66 USD before settling at its closing price.
Following the market close at 7:59 pm GMT-4, minor adjustments were seen in after-hours trading. The price was observed at 165.70 USD, a slight decrease of 0.11 USD or 0.066% from the official close.
Key financial metrics displayed include a market capitalization of 2.00LCr, a Price-to-Earnings (P/E) ratio of 18.78, and a dividend yield of 0.51%.
The current share price positions Alphabet well within its performance range over the past year. The established 52-week high for GOOG is 208.70 USD, with the 52-week low sitting at 142.66 USD. Market watchers continue to evaluate the tech giant’s performance amid broader economic conditions.
