Uncovering the Potential of Freeport-McMoRan Inc (FCX) Stock

The present stock price for Freeport-McMoRan Inc (FCX) is $36.65. In the last trading session, the stock made a considerable jump, reaching $37.095 after an opening price of $36.16. The stock briefly fell to $36.075 before ending the session at $36.00.

In terms of market performance, Freeport-McMoRan Inc had a fairly even. The highest value for the stock in the past year was $46.46 on 01/25/23, and the lowest value was recorded at $32.83 on 11/10/23.

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52-week price history of FCX Stock

A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. Freeport-McMoRan Inc’s current trading price is -21.12% away from its 52-week high, while its distance from the 52-week low is 11.65%. The stock’s price range during this period has spanned from $32.83 to $46.46. In the Basic Materials sector, the Freeport-McMoRan Inc’s shares surpassed a trading volume of approximately 12.31 million for the day, which was noticeably higher compared to the average daily volume of 9.9.93 million over the past three months.

Market Capitalization and Financial Performance: An In-Depth Look

Freeport-McMoRan Inc (FCX) has experienced a quarterly decline of -5.57% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 52.56B and boasts a workforce of 25600 employees.

A Closer Look at Analysts’ Ratings for Freeport-McMoRan Inc

As of right now, 9 analysts are rating Freeport-McMoRan Inc as a BUY, 2 of the polled analysts branded the stock as an OVERWEIGHT, 9 analysts are recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 analyst is 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 38.42, with a change in price of -2.70. Similarly, Freeport-McMoRan Inc recorded 10,486,131 in trading volume during the last 100 days, posting a change of -6.86%.

Examining FCX’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 FCX stands at 0.57. Similarly, the long-term debt-to-equity ratio is also 0.57.

FCX Stock Stochastic Average

Today’s raw stochastic average for Freeport-McMoRan Inc over the last 50 days is 44.61%.This indicates a decrease from the raw stochastic average of the past 20 days, which was 89.58%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 85.09% and 82.73%, respectively.

FCX Stock Price Performance Analysis

Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. The index has shown a price loss of -2.84% this year. Over the last six months, there has been a weaker performance of 3.29%. The price of FCX fallen by 8.18% during the last 30 days period. For the last 5-days stocks have improved 9.63%.

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