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A Tale of Resilience: Monster Beverage Corp. Amid Stock Market Turbulence

ZM Stock

Monster Beverage Corp.’s stock has seen a smooth market performance. The company’s stock achieved a 1-year high of $61.22 on 03/13/24, and the lowest price during that time was $47.13, recorded on 10/13/23.

52-week price history of MNST Stock

A stock’s 52-week high and low prices can reveal a great deal about its present condition and potential future performance. Monster Beverage Corp.’s current trading price is -13.21% away from its 52-week high, while its distance from the 52-week low is 12.75%. The stock’s price range during this period has fluctuated between $47.13 and $61.22. Shares of the company, which operates in the Consumer Defensive sector, recorded a trading volume of around 10.41 million for the day, which was evidently higher than the average daily volume of 5.25 million over the last three months.

Financial Performance and Market Capitalization

Monster Beverage Corp. (MNST) has experienced a quarterly decline of -7.07% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 55.30B and boasts a workforce of 6003 employees.

Moving average and trading volume data

Based on Barchart.com data, the company’s moving average over the 100-day period was 56.65, with a change in price of -2.03. Similarly, Monster Beverage Corp. recorded 5,361,531 in trading volume during the last 100 days, posting a change of -3.68%.

MNST Debt-to-equity ratio analysis

The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for MNST stands at 0.01. Similarly, the long-term debt-to-equity ratio is also 0.01.

MNST Stock Stochastic Average

The raw stochastic average for Monster Beverage Corp. over the last 50 days is presently at 4.71%. This reflects a drop from the raw stochastic average of the previous 20 days, which was noted at 5.41%. Further, the company’s Stochastic %K and %D values for the last 20 days were 6.17% and 8.78%, respectively.

MNST Stock Price Performance Analysis

Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. This year’s metric has recorded a Price decrease of -7.76%. However, over the past six months, we’ve seen a weaker performance of 6.62%. The price of MNST leaped by -11.64% over the last 30 days. And in the last five days, it has fallen by -3.40%.