Abstract:
Stock analysis report Google states that Google despite being a very reputed company, may encounter the problem of becoming a penny stock. Penny stock is a commonly found stock in the stock markets of United States of America, the cost of which does not exceed USD$5.
Even though, the initial public offerings or the IPOs flaoted by Google have attracted all and sundry, with a hope making fast money, nevertheless, there are several challenges, which Google faces.
Stock analysis report Google suggest that there are many risks involved buying stocks of Google but the extent of the damage ought to be ascertained before hand. The report also states that should such a situation arise, the stocks of Google ought to be sold off much before a threatening situation results in the stock market. Google was established in the year 1998 and located in California. America Online, Inc is a strategic partner of Google.
Services offered by Google:
The company extends the following services to the surfers worldwide.
- Google Base
- Google Video
- You Tube
- Gmail
- Blogger (Weblogs)
- Orkut
- Spreadsheets and Google Docs
- Google Mobile
- Google GEO
- Google Labs
- Image Search
- Adwords
- Adsense
- Google Checkout
An individual may buy stocks of Google depending on a number of parameters. The statistical data pertaining to history of stock prices given below is also one of the parameters, which enables an investor to decide about buying stocks. The data mentioned hereunder is as on 18th January, 2008.
History of stock prices:
- Beta is 1.26
- 200 Day Moving Average is 601.85
- 50-Day Moving Average is 678.43.
- 52-Week Change is 23.16%
- S&P500 52 Week Change is -6.53%.
- 52 Week Low (05/03/07) is 437.00
- 52 Week High (05/03/07) is 747.24
Statistical data of shares:
- Average volume of shares (for three months) is 6,394,040
- Average share volume (for 10 days) is 6,509,540
- Outstanding shares were 312.84M
- Float is 236.41M
- Percentage of shares owned by company shareholders is 0.22%
- Percentage of shares owned by outsiders or institutions is 81%.