Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Marathon Oil Corporation’s current trading price is -12.38% away from its 52-week high, while its distance from the 52-week low is 21.78%. The stock’s price range over this period has fluctuated between $21.63 and $30.06. The company, operating within the financial sector, had a trading volume of approximately 9.06 million for the day, which was noticeably lower than the average daily share volume of 9.93 million over the last 3 months.
Marathon Oil Corporation ‘s stock market performance has been somewhat predictable. The company’s stock reached a 1-year high price of $30.06 on 04/12/24, while the lowest value for the same period was recorded at $21.63 on 05/04/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Marathon Oil Corporation (MRO) has experienced a quarterly rise of 17.28% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 14.86B and boasts a workforce of 1681 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 25.18, with a change in price of +2.25. Similarly, Marathon Oil Corporation recorded 9,879,860 in trading volume during the last 100 days, posting a change of +9.34%.
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 MRO stands at 0.49. Similarly, the long-term debt-to-equity ratio is also 0.41.
MRO Stock Stochastic Average
Today, Marathon Oil Corporation’s raw stochastic average for the past 50 days stands at 43.72%, indicating a rise from the raw stochastic average of the last 20 days, which was 11.22%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 7.32% and 8.20% respectively.
MRO Stock Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. The index has shown a price gain of 9.02% this year. Over the last six months, there has been a stronger performance of -2.84%. The price of MRO leaped by -10.65% during the last 30 days period. For the last 5-days stocks have slided -5.15%.
