Merck & Co Inc (NYSE:MRK) soared 2.13 percent to close at $35.06 with traded volume of 21.54 million shares in its last trading session. MRK maintains the average traded volume of 16.35 million shares per day. The share is trading at its overbought level as per its relative strength index of 71.45 times. Its market capitalization stood at $108.17 billion while its total outstanding common stock accumulates up to 3.09 billion shares. Merck & Co is trading at an alarming level as per its extremely high price to earnings of 129.85 times which means that share price is trading 129.85 times more than EPS.
Verizon Communications Inc (NYSE:VZ) surged 1.73 percent to close at $37.63 in its last trading session. Its traded volume stood at 14.88 million shares as compared to its average traded volume of 16 million shares per day. The share price is trading 3.13 percent above its 50 days simple moving average. Verizon maintains sound financial position which is evident from its net profit margin of 10.47 percent and return on equity of 8.92 percent as per its latest financial statements. The company maintains the dividend yield of 5.18 percent.
Caterpillar Inc (NYSE:CAT) gained 2.84 percent to close at $111.94 per share with traded volume of 6.67 million shares for the day. Its average traded volume stands at 6.72 million shares per day. The share price moved 6.37 percent above its 50-days simple moving average in its last trading session. The stock is moving towards its overbought level as per its relative strength index of 61.32.Previous Post » DJIA Bears of the Day