AT&T, Inc (NYSE:T) shares traded -0.28% lower at $28.34 on Wall Street last session.
T stock price is now 3.31% away from the 50-day moving average and 16.41% away from the 200-day moving average. The market capitalization of the company currently stands at $203.92B.
With the price target maintained at $28.50, Exane BNP Paribas recently Upgraded its rating from Neutral to Outperform for AT&T, Inc (NYSE: T). On January 29, 2025, DZ Bank Upgraded its previous ‘Hold’ rating to ‘Buy’ on the stock keeping its target price maintained at $27, while ‘Argus’ rates the stock as ‘Buy’
In other news, Sabrina Sanders S, SVP-ChiefActngOfcr&Controller sold 1,500 shares of the company’s stock on May 28 ’25. The stock was sold for $41,348 at an average price of $27.57. Upon completion of the transaction, the SVP-ChiefActngOfcr&Controller now directly owns 162,506 shares in the company, valued at $4.61 million. A total of 0.14% of the company’s stock is owned by insiders.
During the past 12 months, AT&T, Inc has had a low of $17.42 and a high of $29.03. As of last week, the company has a debt-to-equity ratio of 1.38, a current ratio of 0.59, and a quick ratio of 0.54.
The net profit margin was 9.55% and return on equity was 11.38% for T. The company reported revenue of $30.63 billion for the quarter, compared to $30.03 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 1.99 percent.
