MakeMyTrip Ltd ‘s stock market performance has been somewhat predictable. The company’s stock reached a 1-year high price of $110.49 on 09/23/24, while the lowest value for the same period was recorded at $36.81 on 10/27/23.
52-week price history of MMYT Stock
A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. MakeMyTrip Ltd’s current trading price is -10.06% away from its 52-week high, while its distance from the 52-week low is 169.95%. The stock’s price range during this period has spanned from $36.81 to $110.49. In the Consumer Cyclical sector, the MakeMyTrip Ltd’s shares surpassed a trading volume of approximately 2.04 million for the day, which was noticeably higher compared to the average daily volume of 9.0.72 million over the past three months.
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Market Capitalization and Financial Performance: An In-Depth Look
MakeMyTrip Ltd (MMYT) has experienced a quarterly rise of 14.67% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 10.91B and boasts a workforce of 4576 employees.
Making Sense of Trading Volume and Moving Average Data
Based on Barchart.com data, the company’s moving average over the 100-day period was 89.71, with a change in price of +23.77. Similarly, MakeMyTrip Ltd recorded 734,911 in trading volume during the last 100 days, posting a change of +31.44%.
Examining MMYT’s Debt-to-Equity Ratio: What You Need to Know
The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for MMYT stands at 0.23. Similarly, the long-term debt-to-equity ratio is also 0.23.
MMYT Stock Stochastic Average
Today, MakeMyTrip Ltd’s raw stochastic average for the past 50 days stands at 66.85%, indicating a rise from the raw stochastic average of the last 20 days, which was 54.85%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 25.80% and 17.84% respectively.
MMYT 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. The metric has seen a significant gain of 111.52% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 30.80%. Over the past 30 days, the price of MMYT has fallen by 5.98%. And in the last five days, it has surged by 4.64%.
