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Behind Marathon Oil Corporation’s 52-Week Range: Uncovering Opportunities for Investors

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The market performance of Marathon Oil Corporation has been somewhat stable. Over the past year, the company’s stock achieved a high of $30.06 on 04/12/24, with the lowest value for the same timeframe being $21.81, recorded on 01/18/24.

52-week price history of MRO Stock

Analyzing the 52-week price history of a stock, including its high and low prices, can provide valuable insight into its current status and potential future performance. Marathon Oil Corporation’s current trading price is -5.92% away from its 52-week high, while its distance from the 52-week low is 29.67%. The stock’s price range for this period has remained between $21.81 and $30.06. The Energy sector company’s shares managed to surpass a trading volume of around 6.88 million for the day, which was noticeably lower compared to the shares’ average daily volume of 10.36 million over the last three months.

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Financial Performance and Market Capitalization

Marathon Oil Corporation (MRO) has experienced a quarterly rise of 13.17% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 15.95B and boasts a workforce of 1681 employees.

Moving average and trading volume data

Based on Barchart.com data, the company’s moving average over the 100-day period was 25.94, with a change in price of +5.96. Similarly, Marathon Oil Corporation recorded 10,106,168 in trading volume during the last 100 days, posting a change of +26.70%.

MRO 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 MRO stands at 0.49. Similarly, the long-term debt-to-equity ratio is also 0.41.

MRO Stock Stochastic Average

As of today, the raw stochastic average of Marathon Oil Corporation over the past 50 days is 61.09%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 72.32%. Additionally, the Stochastic %K and %D values for the company were 65.33% and 63.55%, respectively, over the past 20 days.

MRO Stock Price Performance Analysis

The performance of the stock price over the year has been up and down, leaving investors with either an optimistic or pessimistic outlook, depending on how they interpret the data. This year’s metric has recorded a Price increase of 17.05%. However, over the past six months, we’ve seen a weaker performance of 19.53%. The price of MRO fallen by 4.01% over the last 30 days. And in the last five days, it has fallen by -0.46%.

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