For the readers interested in the stock health of MPLX LP (MPLX). It is currently valued at $24.90. When the transactions were called off in the previous session, Stock hit the highs of $25.26, after setting-off with the price of $25.03. Company’s stock value dipped to $24.755 during the trading on the day. When the trading was stopped its value was $24.91.
Recently in News on December 29, 2020, MPLX LP announces redemption of outstanding 5.250% senior notes due 2025. MPLX LP (NYSE: MPLX) today announced the redemption of all of the $750 million outstanding aggregate principal amount of MPLX’s 5.250% senior notes due Jan. 15, 2025, including the approximately $42 million in aggregate principal amount of senior notes issued by Andeavor Logistics LP and Tesoro Logistics Finance Corp. You can read further details here
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MPLX LP had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $25.29 on 01/13/21, with the lowest value was $21.66 for the same time period, recorded on 01/04/21.
MPLX LP (MPLX) full year performance was -7.05%
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, MPLX LP shares are logging -8.46% during the 52-week period from high price, and 262.45% 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 $6.87 and $27.20.
The company’s shares, operating in the sector of Energy managed to top a trading volume set approximately around 3338951 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 MPLX LP (MPLX) recorded performance in the market was 15.01%, having the revenues showcasing 44.68% 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 26.41B, as it employees total of 6200 workers.
Specialists analysis on MPLX LP (MPLX)
During the last month, 12 analysts gave the MPLX LP a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 6 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 19.48, with a change in the price was noted +6.15. In a similar fashion, MPLX LP posted a movement of +32.80% for the period of last 100 days, recording 2,630,369 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 MPLX is recording 1.74 at the time of this writing. In addition, long term Debt to Equity ratio is set at 1.72.
Trends and Technical analysis: MPLX LP (MPLX)
Raw Stochastic average of MPLX LP in the period of last 50 days is set at 95.11%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 90.85%. In the last 20 days, the company’s Stochastic %K was 93.72% and its Stochastic %D was recorded 91.17%.
Now, considering the stocks previous presentation, multiple 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 15.01%. Additionally, trading for the stock in the period of the last six months notably improved by 35.99%, alongside a downfall of -7.05% for the period of the last 12 months. The shares increased approximately by 3.92% in the 7-day charts and went down by 9.07% in the period of the last 30 days. Common stock shares were driven by 44.68% during last recorded quarter.