AT&T Shares Drift Near 52-Week Low as Debt, Dividend and Earnings Stay in View
AT&T Inc. shares fell Tuesday, last seen at $22.95, off 1.5% after starting the day at $23.32. AT&T moved in a range of $22.95 to $23.41 on volume around 27.9 million shares. Market value sat near $161 billion, based on latest data. Shares edged close to the 52-week low at $22.32 and are still far from the 52-week high of $29.79. The P/E ratio was about 7.7, so investors were paying less than 8 times annual earnings per share.