In the current session,
Alphabet Inc. (NASDAQ:GOOGL) is trading at $2389.08, after a 4.28% surge. Over the past month, the stock increased by 15.83%, and in the past year, by 77.40%. With performance like this, long-term shareholders optimistic but others are more likely to look into the price-to-earnings ratio to see if the stock might be overvalued.
Assuming that all other factors are held constant, this could present itself as an opportunity for shareholders trying to capitalize on the higher share price. The stock is currently above from its 52 week high by 2.78%.
The P/E ratio is used by long-term shareholders to assess the company s market performance against aggregate market data, historical earnings, and the industry at large. A lower P/E indicates that shareholders do not expect the stock to perform better in the future, and that the company is probably undervalued. It shows that shareholders are less than willing to pay a high share price, because they do not expect the
Bear market checklist says it s still safe to buy any dips in equity prices
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Worcester Polytechnic Institute To Be New Home of MassDigi
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The magical sea creature Thyota has a seemingly impossible task: to rid the ocean of pollution and save the coral forest. Consuming toxic contaminants and freeing other creatures are key to reaching this goal, but both come at a cost to Thyota’s own health. Traveling through the ocean, Thyota must make choices that will affect the entire marine ecosystem.
Thyota is the main character in a new game, titled “Metamorphosis: Thyota’s Journey,” under development at the USC School of Cinematic Arts and in collaboration with the USC Wrigley Institute for Environmental Studies, headquartered at the USC Dornsife College of Letters, Arts and Sciences.