Medtronic Plc (MDT) Stock: A Year of Highs and Lows

Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Medtronic Plc’s current trading price is -18.63% away from its 52-week high, while its distance from the 52-week low is 8.77%. The stock’s price range over this period has fluctuated between $68.84 and $92.02. The company, operating within the financial sector, had a trading volume of approximately 9.05 million for the day, which was noticeably higher than the average daily share volume of 6.49 million over the last 3 months.

Medtronic Plc (MDT) stock is currently valued at $74.88. During the last session, the stock experienced a remarkable rise, reaching $75.15 after opening at $74.30. The stock briefly dropped to $74.20 before ultimately closing at $74.02.

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Medtronic Plc saw a rather unpredictable run in, in terms of market performance. The company’s stock reached its highest point at $92.02 on 05/03/23, while the lowest price for the same duration was marked at $68.84 on 10/30/23.

Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis

Medtronic Plc (MDT) has experienced a quarterly decline of -8.15% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 99.63B and boasts a workforce of 95000 employees.

Medtronic Plc: What Analysts Are Saying

As of right now, 10 analysts are rating Medtronic Plc as a BUY, 6 of the polled analysts branded the stock as an OVERWEIGHT, 14 analysts are recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 2 analysts are rating the stock as SELL.

Analyzing Trading Volume and Moving Average Trends

Based on Barchart.com data, the company’s moving average over the 100-day period was 80.11, with a change in price of -12.27. Similarly, Medtronic Plc recorded 5,809,153 in trading volume during the last 100 days, posting a change of -14.08%.

Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis

The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for MDT stands at 0.49. Similarly, the long-term debt-to-equity ratio is also 0.48.

MDT Stock Stochastic Average

Today’s raw stochastic average for Medtronic Plc over the last 50 days is 40.81%.This indicates a decrease from the raw stochastic average of the past 20 days, which was 95.72%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 88.30% and 74.53%, respectively.

MDT Stock Price Performance Analysis

The performance of the stock price over the year has been up and down, leaving investors with either an optimistic or pessimistic outlook, depending on how they interpret the data. Until today this year the stock’s price performance recorded a decrease of -3.65%. However, over the last six months, the performance has been stronger by -15.88%. The price of MDT increased 3.00% over the last 30 days. And in the last five days, it has surged by 6.83%.

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