At the end of the latest market close, Martin Marietta Materials Inc. (MLM) was valued at $211.04. In that particular session, Stock kicked-off at the price of $213.65 while reaching the peak value of $216.98 and lowest value recorded on the day was $212.00. The stock current value is $215.11.
Recently in News on August 13, 2020, Martin Marietta Increases Quarterly Cash Dividend. Martin Marietta Materials, Inc. (NYSE:MLM) (“Martin Marietta” or the “Company”) today announced that its Board of Directors approved a 4 percent increase in its quarterly cash dividend, raising it from $0.55 per share to $0.57 per share on the Company’s outstanding common stock. This dividend, which represents a cash dividend of $2.28 per share on an annualized basis, is payable on September 30, 2020, to shareholders of record at the close of business on September 1, 2020. You can read further details here
Martin Marietta Materials Inc. had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $281.82 on 01/02/20, with the lowest value was $135.08 for the same time period, recorded on 03/18/20.
Martin Marietta Materials Inc. (MLM) full year performance was -16.63%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Martin Marietta Materials Inc. shares are logging -23.67% during the 52-week period from high price, and 59.25% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $135.08 and $281.82.
The company’s shares, operating in the sector of Basic Materials managed to top a trading volume set approximately around 975299 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Martin Marietta Materials Inc. (MLM) recorded performance in the market was -23.08%, having the revenues showcasing -3.17% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 13.14B, as it employees total of 8846 workers.
The Analysts eye on Martin Marietta Materials Inc. (MLM)
During the last month, 10 analysts gave the Martin Marietta Materials Inc. a BUY rating, 1 of the polled analysts branded the stock as an OVERWEIGHT, 8 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 1 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 203.13, with a change in the price was noted +20.96. In a similar fashion, Martin Marietta Materials Inc. posted a movement of +10.80% for the period of last 100 days, recording 621,720 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for MLM is recording 0.50 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.48.
Technical rundown of Martin Marietta Materials Inc. (MLM)
Raw Stochastic average of Martin Marietta Materials Inc. in the period of last 50 days is set at 51.56%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 47.43%. In the last 20 days, the company’s Stochastic %K was 39.87% and its Stochastic %D was recorded 30.72%.
Considering, the past performance of Martin Marietta Materials Inc., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -23.08%. Additionally, trading for the stock in the period of the last six months notably improved by 0.89%, alongside a downfall of -16.63% for the period of the last 12 months. The shares increased approximately by 3.76% in the 7-day charts and went up by 0.95% in the period of the last 30 days. Common stock shares were lifted by -3.17% during last recorded quarter.