The stock price for Macerich Co. (MAC) currently stands at $11.65. The stock experienced a substantial increase in the last session, hitting $11.795 after starting at $11.32. The stock’s lowest price was $11.32 before closing at $11.39.
Macerich Co.’s market performance has been unstable in recent times. The company’s stock hit a 1-year high of $14.51 on 02/02/23 and a low of $8.77 for the same time frame on 03/24/23.
52-week price history of MAC Stock
Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. Macerich Co.’s current trading price is -19.68% away from its 52-week high, while its distance from the 52-week low is 32.84%. The stock’s price range during the 52-week period has remained between $8.77 and $14.51. In the Real Estate sector, the company’s shares saw a trading volume of around 3.32 million for the day, which was evidently higher than the average daily volume of 1.57 million over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
Macerich Co. (MAC) has experienced a quarterly rise of 1.22% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.51B and boasts a workforce of 651 employees.
A Closer Look at Analysts’ Ratings for Macerich Co.
As of right now, 1 analyst is rating Macerich Co. as a BUY, 0 of the polled analysts branded the stock as an OVERWEIGHT, 7 analysts are recommending to HOLD this stock, 1 of them gave the stock UNDERWEIGHT rating, and 4 analysts are rating the stock as SELL.
Making Sense of Trading Volume and Moving Average Data
Based on Barchart.com data, the company’s moving average over the 100-day period was 11.44, with a change in price of +0.88. Similarly, Macerich Co. recorded 1,773,786 in trading volume during the last 100 days, posting a change of +8.17%.
Examining MAC’s Debt-to-Equity Ratio: What You Need to Know
The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for MAC stands at 1.85. Similarly, the long-term debt-to-equity ratio is also 1.82.
MAC Stock Stochastic Average
As of today, Macerich Co.’s raw stochastic average for the last 50 days stands at 78.21%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 94.39%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 78.24% and 61.44%, respectively.
MAC Stock Price Performance Analysis
Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. This year’s metric has recorded a Price increase of 3.46%. However, over the past six months, we’ve seen a weaker performance of 20.73%. The price of MAC fallen by 3.10% over the last 30 days. And in the last five days, it has surged by 13.99%.