The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. McCormick & Co., Inc.’s current trading price is -22.22% away from its 52-week high, while its distance from the 52-week low is 24.17%. The stock’s price range for this period has been between $59.13 and $94.39 The company’s shares, which are part of the Consumer Defensive sector, had a trading volume of approximately 1.72 million for the day, a number notably lower than the average daily volume of 2.16 million over the last three months.
McCormick & Co., Inc.’s market performance has been unstable in recent times. The company’s stock hit a 1-year high of $94.39 on 06/23/23 and a low of $59.13 for the same time frame on 10/12/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
McCormick & Co., Inc. (MKC) has experienced a quarterly rise of 10.79% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 19.71B and boasts a workforce of 13800 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 68.37, with a change in price of +7.55. Similarly, McCormick & Co., Inc. recorded 1,946,137 in trading volume during the last 100 days, posting a change of +11.46%.
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 MKC stands at 0.85. Similarly, the long-term debt-to-equity ratio is also 0.64.
MKC Stock Stochastic Average
As of today, McCormick & Co., Inc.’s raw stochastic average for the last 50 days stands at 64.56%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 56.19%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 66.64% and 71.62%, respectively.
MKC 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. Until today this year the stock’s price performance recorded an increase of 7.31%. However, over the last six months, the performance has been weaker by 16.15%. The price of MKC increased 6.47% over the last 30 days. And in the last five days, it has fallen by -3.91%.
