Jumpers in Review: Verizon, Wal Mart and Kraft Foods

Despite negative sentiments in US stock markets following DJIA stocks gained on Tuesday. Dow Jones closed below 54.90 points to 13,035.94 for the day.

Verizon Communications Inc. (VZ) surged 1.77% to close at $43.70. If we analyze the price history of the last 52 weeks the share price touched it’s lowest of $34.65 while its highest was $46.41. The stock price moved 43.59 times to its earnings per share in the last trading session. The share price is positively correlated with market index and is expected to react by 0.51 times against 1 point change in market index.

Wal-Mart Stores Inc. (WMT) jumped 1.25% in yesterday’s trading session to close at $73.51. Total of 8.52M shares were traded while on average the share price trades with volume figure of 7.38M shares per day. The stock price moved 15.47 times to its earnings per share in the last trading session.

Kraft Foods Inc. (KFT) gained 0.78% in Tuesday’s session to close at $41.83. Total of 12.29M shares were traded while on average the share price trades with volume figure of 10.30M shares per day. The stock price moved 20.74 times to its earnings per share in the last trading session. The share price is positively correlated with market index and is expected to react by 0.53 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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