A stock’s 52-week high and low prices can offer a wealth of information about its current standing and prospective future performance. Martin Marietta Materials, Inc.’s current trading price is -0.51% away from its 52-week high, while its distance from the 52-week low is 84.85%. The stock’s price range for this time frame has been between $332.13 and $617.08. The trading volume of the company’s shares in the Basic Materials reached around 0.3 million for the day, which was evidently lower than the average daily volume of 0.4 million over the last three months.
In terms of market performance, Martin Marietta Materials, Inc. had a somewhat regular. The highest value for the stock in the past year was $617.08 on 03/07/24, while the lowest value was $332.13 on 04/06/23.
How Financial Performance Impacts Market Capitalization
Martin Marietta Materials, Inc. (MLM) has experienced a quarterly rise of 22.88% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 37.95B and boasts a workforce of 9400 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 516.27, with a change in price of +173.20. Similarly, Martin Marietta Materials, Inc. recorded 369,678 in trading volume during the last 100 days, posting a change of +39.30%.
How MLM’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for MLM stands at 0.61. Similarly, the long-term debt-to-equity ratio is also 0.55.
MLM Stock Stochastic Average
Martin Marietta Materials, Inc.’s raw stochastic average for the past 50 days is currently at 97.46%. This represents a surge from the raw stochastic average of the last 20 days, which was recorded at 92.13%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 89.91% and 87.01%, respectively.
MLM Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. The index has shown a price gain of 23.06% this year. Over the last six months, there has been a weaker performance of 49.76%. The price of MLM fallen by 8.45% during the last 30 days period. For the last 5-days stocks have improved 0.16%.
