The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. The metric has seen a significant gain of 12.11% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 7.17%. Over the past 30 days, the price of MDT has leaped by -2.85%. And in the last five days, it has fallen by -1.99%.
The stock of Medtronic plc (MDT) is currently priced at $87.13. In the last session, the stock climbed significantly, topping out at $89.203 after opening at $88.97. The day’s lowest price was $87.09 before the stock closed at $89.50.
Unlock the Hottest Top 10 Penny Stocks Today! Discover Now
Dive into the world of lucrative penny stocks with MarketClub's groundbreaking "Smart Scan" technology! Get an instant snapshot of the top 50 high volume stocks with a clear direction and outstanding liquidity - in other words, the strongest trending. To unlock this exclusive list, simply provide your first name, last name, and email for instant access.
Gain Access to Top 10 Penny Stocks Now!.
Medtronic plc experienced a somewhat shaky performance in the stock market. The company’s stock reached a 1-year high of $106.06 on 05/25/22, while the lowest price for the same period was registered at $75.76 on 12/16/22.
52-week price history of MDT Stock
Examining the 52-week high and low prices can provide valuable insights into a stock’s current status and future performance. Medtronic plc’s current trading price is -17.85% away from its 52-week high, while its distance from the 52-week low is 15.00%. The stock’s price range during this time has been between $75.76 and $106.06. The trading volume for the Healthcare sector company’s shares reached about 5.46 million for the day, which was lower than the average daily volume of 5.92 million over the last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Medtronic plc (MDT) has experienced a quarterly rise of 2.39% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 115.52B and boasts a workforce of 95000 employees.
Medtronic plc: Analysts’ Ratings Unveiled
As of right now, 8 analysts are rating Medtronic plc as a BUY, 4 of the polled analysts branded the stock as an OVERWEIGHT, 16 analysts are recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 2 analysts are rating the stock as SELL.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 83.22, with a change in price of +10.83. Similarly, Medtronic plc recorded 6,076,295 in trading volume during the last 100 days, posting a change of +14.19%.
MDT’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for MDT stands at 0.55. Similarly, the long-term debt-to-equity ratio is also 0.43.
MDT Stock Stochastic Average
Today’s raw stochastic average for Medtronic plc over the last 50 days is 67.87%.This indicates a increase from the raw stochastic average of the past 20 days, which was 0.81%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 25.88% and 42.36%, respectively.