DJIA Performers In Focus: Chevron, Kraft Foods and AT&T

US stock markets saw correction on Thursday as the Dow Jones Industrial Average slipped 0.20 percent or 24.75 points to 12,602.26. Standard & Poor declined 0.21 percent or 2.81 points to 1,329.04 while NASDAQ Composite dropped 0.90 percent or 25.83 to settle at 2,849.49. Following shares remained up despite negative closing of DJIA.

Chevron Corporation (CVX) surged 0.87% in yesterday’s session to close at $103.46. Total of 7.01M shares were traded while on average the share price trades with volume figure of 7.26M shares per day. The stock price moved 7.60 times to its earnings per share in the last trading session. The share price is trading at dividend yield of 3.48 percent.

Kraft Foods Inc. (KFT) gained 0.78% to close at $37.70. Looking at its price history the share price has traded within the prices ranges of $31.88 to $39.99 in last one year. The stock price moved 18.92 times to its earnings per share in the last trading session. The share price is trading at dividend yield of 3.08 percent. Kraft Foods Inc. (KFT) maintains the beta of 0.54 which depicts that the share price is likely to change by 0.54 times against 1 point change in market index.

AT&T, Inc. (T) advanced 0.57% yesterday’s trading session to close at $35.39. Total of 21.42M shares were traded while on average the share price trades with volume figure of 31.33M shares per day. The stock price moved 51.14 times to its earnings per share in the last trading session. The share price is trading at dividend yield of 4.97 percent. AT&T, Inc. (T) maintains the beta of 0.58 which depicts that the share price is likely to change by 0.58 times against 1 point change in market index.

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Rehan Khan

About Rehan Khan

Rehan Khan has been involved in the financial sector for last 6 years. During that time he has been associated with many financial institutions, banks and brokerages. Rehan is also a graduate in finance and has been writing for last 2 years for various web publications, specializing in US stock markets, penny stocks, forex and commodities.

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