The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Freeport-McMoRan Inc’s current trading price is -6.62% away from its 52-week high, while its distance from the 52-week low is 49.62%. The stock’s price range for this period has been between $32.72 and $52.42 The company’s shares, which are part of the Basic Materials sector, had a trading volume of approximately 20.14 million for the day, a number notably higher than the average daily volume of 14.45 million over the last three months.
In terms of market performance, Freeport-McMoRan Inc had a fairly even. The highest value for the stock in the past year was $52.42 on 04/12/24, and the lowest value was recorded at $32.72 on 11/10/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Freeport-McMoRan Inc (FCX) has experienced a quarterly rise of 30.80% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 70.21B and boasts a workforce of 27200 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 41.72, with a change in price of +12.36. Similarly, Freeport-McMoRan Inc recorded 13,553,479 in trading volume during the last 100 days, posting a change of +33.78%.
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 FCX stands at 0.59. Similarly, the long-term debt-to-equity ratio is also 0.54.
FCX Stock Stochastic Average
As of today, Freeport-McMoRan Inc’s raw stochastic average for the last 50 days stands at 78.53%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 55.99%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 63.90% and 67.15%, respectively.
FCX Stock Price Performance Analysis
The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. The metric has seen a significant gain of 15.37% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 39.40%. Over the past 30 days, the price of FCX has fallen by 6.02%. And in the last five days, it has fallen by -2.14%.
