Freeport-McMoRan Inc. (FCX) Profit Margins posted -0.80% in the last twelve months: The key fundamentals to watch

At the end of the latest market close, Freeport-McMoRan Inc. (FCX) was valued at $31.17. In that particular session, Stock kicked-off at the price of $31.06 while reaching the peak value of $31.36 and lowest value recorded on the day was $30.11. The stock current value is $31.15.

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Recently in News on January 10, 2021, Freeport-McMoRan Mourns the Passing of its Former Chairman, James Robert “Jim Bob” Moffett. Freeport-McMoRan Inc. (NYSE: FCX) announced today with great sadness that James Robert “Jim Bob” Moffett of Austin, Texas passed away at the age of 82. Mr. Moffett served as Chairman of Freeport-McMoRan from 1984-2015 and CEO from 1984-2003. Mr. Moffett co-founded McMoRan Exploration Co. in 1969 with B. M. “Mack” Rankin, Jr. (deceased) and W. K. McWilliams (deceased). In 1981, under Mr. Moffett’s leadership, McMoRan merged with Freeport Minerals Company to form one of the world’s leading natural resource companies, Freeport-McMoRan Inc. (FTX), FCX’s former parent company. You can read further details here


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Freeport-McMoRan Inc. had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $31.78 on 01/07/21, with the lowest value was $26.47 for the same time period, recorded on 01/04/21.

Freeport-McMoRan Inc. (FCX) full year performance was 140.35%

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, Freeport-McMoRan Inc. shares are logging -1.98% during the 52-week period from high price, and 546.27% 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 $4.82 and $31.78.

The company’s shares, operating in the sector of Basic Materials managed to top a trading volume set approximately around 27469031 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 Freeport-McMoRan Inc. (FCX) recorded performance in the market was 19.72%, having the revenues showcasing 85.42% 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 45.29B, as it employees total of 27500 workers.

Market experts do have their say about Freeport-McMoRan Inc. (FCX)

During the last month, 13 analysts gave the Freeport-McMoRan Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 7 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 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 19.62, with a change in the price was noted +17.05. In a similar fashion, Freeport-McMoRan Inc. posted a movement of +120.92% for the period of last 100 days, recording 19,411,121 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 FCX is recording 1.09 at the time of this writing. In addition, long term Debt to Equity ratio is set at 1.08.

Technical breakdown of Freeport-McMoRan Inc. (FCX)

Raw Stochastic average of Freeport-McMoRan Inc. in the period of last 50 days is set at 95.83%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 92.13%. In the last 20 days, the company’s Stochastic %K was 93.11% and its Stochastic %D was recorded 93.01%.

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Bearing in mind the latest performance of Freeport-McMoRan Inc., several moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 19.72%. Additionally, trading for the stock in the period of the last six months notably improved by 140.17%, alongside a boost of 140.35% for the period of the last 12 months. The shares increased approximately by 19.72% in the 7-day charts and went down by 27.30% in the period of the last 30 days. Common stock shares were driven by 85.42% during last recorded quarter.

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