The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. The metric has seen a significant loss of -0.70% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 22.13%. Over the past 30 days, the price of MRO has fallen by 5.16%. And in the last five days, it has fallen by -1.57%.
The current stock price for Marathon Oil Corporation (MRO) is $26.88. The stock experienced a significant increase during the last trading session, reaching $27.5679 after opening at $27.11. It dipped to a low of $26.765 before ultimately closing at $27.33.
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Marathon Oil Corporation had a pretty Dodgy run when it comes to the market performance. Over the past year, the company’s stock reached a high of $33.42 on 11/07/22, while the lowest price during the same period was $20.57 on 03/16/23.
52-week price history of MRO Stock
The history of a stock’s 52-week high and low prices can provide important information about its current state and future potential. Marathon Oil Corporation’s current trading price is -19.57% away from its 52-week high, while its distance from the 52-week low is 30.68%. The stock’s price range for this period has been between $20.57 and $33.42. The Energy sector company’s shares saw a trading volume of about 18.03 million for the day, which was higher than the average daily volume of 11.3 million over the last three months.
The Connection Between Financial Performance and Market Capitalization
Marathon Oil Corporation (MRO) has experienced a quarterly rise of 15.41% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 16.55B and boasts a workforce of 1570 employees.
Expert Opinions: Analysts’ Ratings for Marathon Oil Corporation
As of right now, 18 analysts are rating Marathon Oil Corporation as a BUY, 1 of the polled analysts branded the stock as an OVERWEIGHT, 8 analysts are recommending to HOLD this stock, 1 of them gave the stock UNDERWEIGHT rating, and 1 analyst is rating the stock as SELL.
How Moving Averages and Trading Volume Data Work Together
Based on Barchart.com data, the company’s moving average over the 100-day period was 24.44, with a change in price of +2.15. Similarly, Marathon Oil Corporation recorded 11,327,525 in trading volume during the last 100 days, posting a change of +8.69%.
MRO’s Debt-to-Equity Ratio: A Comprehensive Review
A key metric for assessing a company’s financial well-being and market status is the debt-to-equity (D/E) ratio. This ratio is derived by dividing a company’s total liabilities by its shareholders’ equity, and it demonstrates the level of debt a company uses to support its assets relative to shareholder equity. At the time of writing, the total D/E ratio for MRO stands at 0.52. Similarly, the long-term debt-to-equity ratio is also 0.51.
MRO Stock Stochastic Average
As of today, the raw stochastic average of Marathon Oil Corporation over the last 50 days is at 85.00%. This shows a increasee from the raw stochastic average of the previous 20 days, which was recorded at 66.31%. Further, the company’s Stochastic %K and %D values for the last 20 days were 68.32% and 65.11%, respectively.
