Alphabet Inc. is a Alphabet is a holding company, with Google, the Internet media giant, as a wholly owned subsidiary. Google generates 99% of Alphabet revenue, of which more than 85% is from online ads.
Among the S&P 500’s biggest fallers on Thursday February 25 was Alphabet Inc. (GOOGL). The stock experienced a 3.26% decline to $2,015.95 with 2.05 million shares changing hands.
Alphabet Inc. started at an opening price of 2,055.93 and hit a high of $2,083.00 and a low of $2,006.49. Ultimately, the stock took a hit and finished the day at $67.86 per share. Alphabet Inc. trades an average of n/a shares a day out of a total 674.14 million shares outstanding. The current moving averages are a 50-day SMA of $n/a and a 200-day SMA of $n/a. Alphabet Inc. hit a high of $2,145.14 and a low of $1,008.87 over the last year.
Alphabet is a holding company, with Google, the Internet media giant, as a wholly owned subsidiary. Google generates 99% of Alphabet revenue, of which more than 85% is from online ads. Google’s other revenue is from sales of apps and content on Google Play and YouTube, as well as cloud service fees and other licensing revenue. Sales of hardware such as Chromebooks, the Pixel smartphone, and smart homes products, which include Nest and Google Home, also contribute to other revenue. Alphabet’s moonshot investments are in its other bets segment, where it bets on technology to enhance health (Verily), faster Internet access to homes (Google Fiber), self-driving cars (Waymo), and more. Alphabet’s operating margin has been 25%-30%, with Google at 30% and other bets operating at a loss.
With its headquarters located in Mountain View, CA, Alphabet Inc. employs 135,301 people. After today’s trading, the company’s market cap has fallen to $1359.03 billion, a P/S of n/a, a P/B of 6.11, and a P/FCF of n/a.