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StockNews.com
StockNews.com
Business
Kritika Sarmah

Alphabet (GOOGL): Are Investors Buying It This Week?

With an average trading volume of 34.29 million shares over the past three months and 32.66 million shares over the past ten days, tech behemoth Alphabet Inc. (GOOGL) has captured the attention of market participants.

In addition to strong trading activity, GOOGL has demonstrated impressive performance, gaining 40% year-to-date and 16.5% over the past year to close the last trading session at $123.53. Moreover, the stock is currently trading above its 50-day and 200-day moving averages of $114.76 and $101.32, respectively, indicating an uptrend.

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