AT&T, Inc. T Stock Analysis

AT&T stock trades under the ticker T & has shown recent bullishness that traders & investors should take a closer look into.

T stock closed at $18.39/share on 8/15/2022.

AT&T, Inc. T Stock’s Technical Performance Broken Down

AT&T, Inc. T Stock's Technical Performance Over The Last Year

T Stock Price: $18.39

10 Day Moving Average: $18.22

50 Day Moving Average: $19.65

200 Day Moving Average: $18.58

RSI: 40.39

MACD: -0.474

Yesterday, T stock completed a bullish MACD crossover, breaking out & closing above their 10 day moving average.

Recent trading volumes have been below average compared to the year prior, and their RSI is on the oversold end of neutral, signaling that there is still uncertainty of the value of T stock by market participants.

They have support at the $18.11 & $18.18/share price levels, while they try to break out above the $18.42 & $18.56 resistance levels.

AT&T, Inc. T Stock As A Long-Term Investment

Long-term oriented investors will like T stock’s valuation metrics, with a 7.97 P/E (ttm) & a 1.09 P/B (mrq).

They recently reported -17.1% Quarterly Revenue Growth Y-o-Y, despite 164.8% Quarterly Earnings Growth Y-o-Y, which investors will want to dig deeper into.

Their balance sheet will require a more in depth review, with $4.1B of Total Cash (mrq) & $162.34B of Total Debt (mrq).

T stock pays an 8.73% dividend yield, which may not be sustainable in the long-run as their payout ratio is 70.58%.

55.05% of T stock’s outstanding share float is owned by institutional investors.

AT&T, Inc. T Stock As A Short-Term Trade Using Options

Short-term oriented traders can use options to profit from price movements in T stock, while protecting their portfolios from volatility.

I am looking at the contracts with the 9/16 expiration date.

The $18, $17 & $16 call options are all in-the-money, listed from highest to lowest level of open interest.

The $19, $20 & $21 puts are also all in the money, with the former being more liquid than the latter two.

Tying It All Together

T stock offers many unique opportunities that traders & investors are sure to like.

Investors will like their valuation metrics, but may want to research more into their balance sheet & sustainability of their dividend in the long-run.

Traders will like their recent technical performance & how liquid their options are.

Overall, it is worth taking a closer look into T stock to see how it fits into your portfolio strategy.