Shares of Alphabet Inc. Class A (NASDAQ: GOOGL) are trading slightly lower in the afternoon session on Tuesday, May 28th, with the stock price at $172.76 USD as of 1:52 pm GMT-4. The tech behemoth, parent company of Google, is down a marginal $0.14, or 0.084%, for the day amidst a generally choppy market.
Alphabet’s Class A shares opened the trading day at $173.16, slightly above its previous close of $172.90. The stock saw an early surge, reaching an intraday high of $175.26. However, it has since pulled back, touching an intraday low of $172.60, and is currently trading near that lower end of its daily range.
The intraday chart for GOOGL shows an initial spike after the market open, followed by a gradual decline throughout the late morning and into the afternoon. The stock has been oscillating around the $173 level for much of the session before dipping to its current price.
Key financial metrics for Alphabet underscore its massive scale. The company commands a market capitalization of approximately $2.10 Trillion (represented as 2.10LCr, where LCr typically signifies Lakh Crore, equivalent to a Trillion). Its Price-to-Earnings (P/E) ratio is 19.57, and it offers a dividend yield of 0.49%.
Over the past 52 weeks, Alphabet’s Class A stock has achieved a high of $207.05 and a low of $140.53. Today’s trading keeps the stock well within this significant range, albeit off its recent peaks. Investors will continue to monitor movements in the broader tech sector and any company-specific developments as the trading day progresses.
