For the readers interested in the stock health of Marathon Petroleum Corporation (MPC). It is currently valued at $53.87. When the transactions were called off in the previous session, Stock hit the highs of $54.88, after setting-off with the price of $53.09. Company’s stock value dipped to $52.97 during the trading on the day. When the trading was stopped its value was $52.57.
Recently in News on March 18, 2021, MPLX LP to Announce 2021 First-Quarter Financial Results May 4. MPLX LP (NYSE: MPLX) a master limited partnership sponsored by Marathon Petroleum Corp. (NYSE: MPC), will host a conference call with analysts on Tuesday, May 4, 2021, at 9:30 a.m. EDT to discuss 2021 first-quarter financial results, which will be released earlier that day, and to provide an update on company operations. You can read further details here
Marathon Petroleum Corporation had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $59.93 on 03/11/21, with the lowest value was $40.30 for the same time period, recorded on 01/04/21.
Marathon Petroleum Corporation (MPC) full year performance was 104.83%
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, Marathon Petroleum Corporation shares are logging -10.11% during the 52-week period from high price, and 145.98% 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 $21.90 and $59.93.
The company’s shares, operating in the sector of Energy managed to top a trading volume set approximately around 4582575 for the day, which was evidently lower, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Marathon Petroleum Corporation (MPC) recorded performance in the market was 30.25%, having the revenues showcasing 18.19% 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 35.47B, as it employees total of 57900 workers.
The Analysts eye on Marathon Petroleum Corporation (MPC)
During the last month, 14 analysts gave the Marathon Petroleum Corporation a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 4 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 47.94, with a change in the price was noted +13.26. In a similar fashion, Marathon Petroleum Corporation posted a movement of +32.65% for the period of last 100 days, recording 6,160,855 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 MPC is recording 1.42 at the time of this writing. In addition, long term Debt to Equity ratio is set at 1.29.
Technical rundown of Marathon Petroleum Corporation (MPC)
Raw Stochastic average of Marathon Petroleum Corporation in the period of last 50 days is set at 61.93%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 50.00%. In the last 20 days, the company’s Stochastic %K was 29.96% and its Stochastic %D was recorded 24.02%.
Considering, the past performance of Marathon Petroleum Corporation, 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 30.25%. Additionally, trading for the stock in the period of the last six months notably improved by 76.68%, alongside a boost of 104.83% for the period of the last 12 months. The shares increased approximately by -0.22% in the 7-day charts and went up by -6.90% in the period of the last 30 days. Common stock shares were driven by 18.19% during last recorded quarter.