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. Until today this year the stock’s price performance recorded an increase of 18.03%. However, over the last six months, the performance has been weaker by 6.60%. The price of MRO increased 15.91% over the last 30 days. And in the last five days, it has surged by 3.43%.
Marathon Oil Corporation experienced a somewhat steady performance in the stock market. The company’s stock reached a 1-year high of $29.56 on 10/19/23, while the lowest price for the same period was registered at $21.63 on 05/04/23.
52-week price history of MRO Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Marathon Oil Corporation’s current trading price is -3.54% away from its 52-week high, while its distance from the 52-week low is 31.83%. The stock’s price range during this period has varied between$21.63 and $29.56. The Marathon Oil Corporation’s shares, which operate in the Energy, saw a trading volume of around 4.21 million for the day, a figure considerably lower than their average daily volume of 9.96 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Marathon Oil Corporation (MRO) has experienced a quarterly rise of 18.03% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 16.46B and boasts a workforce of 1681 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 24.46, with a change in price of +1.90. Similarly, Marathon Oil Corporation recorded 9,777,598 in trading volume during the last 100 days, posting a change of +7.14%.
MRO’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 MRO stands at 0.51. Similarly, the long-term debt-to-equity ratio is also 0.31.
MRO Stock Stochastic Average
As of today, Marathon Oil Corporation’s raw stochastic average for the last 50 days stands at 95.08%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 92.94%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 96.46% and 97.71%, respectively.
