MPLX LP Inc. (MPLX) Price Performance: A Technical Analysis Perspective

Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. This year’s metric has recorded a Price increase of 2.91%. However, over the past six months, we’ve seen a weaker performance of 8.31%. The price of MPLX fallen by 1.29% over the last 30 days. And in the last five days, it has fallen by -2.73%.

In terms of market performance, MPLX LP had a fairly even. The highest value for the stock in the past year was $39.22 on 02/01/24, and the lowest value was recorded at $33.03 on 03/17/23.

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52-week price history of MPLX Stock

Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. MPLX LP’s current trading price is -3.65% away from its 52-week high, while its distance from the 52-week low is 14.41%. The stock’s price range during this period has varied between$33.03 and $39.22. The MPLX LP’s shares, which operate in the Energy, saw a trading volume of around 2.24 million for the day, a figure considerably higher than their average daily volume of 1.89 million over last three months.

Market Capitalization vs. Financial Performance: A Comparative Study

MPLX LP (MPLX) has experienced a quarterly rise of 5.94% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 37.84B and boasts a workforce of 5811 employees.

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 36.27, with a change in price of +2.83. Similarly, MPLX LP recorded 2,041,457 in trading volume during the last 100 days, posting a change of +8.09%.

MPLX’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 MPLX stands at 1.50. Similarly, the long-term debt-to-equity ratio is also 1.50.

MPLX Stock Stochastic Average

MPLX LP’s raw stochastic average for the past 50 days is presently 61.46%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 41.87%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 36.59% and 33.02%, respectively.

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