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MCD’s Market Quandary: Decoding the Ups and Downs of 2023

ZM Stock

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. Year to date metric has recorded a loss of -1.32%.However, over the last six months, we can see a weaker performance of 7.15%. Over the last 30 days, the price of MCD has leaped by -3.64%. And in the last five days, it has fallen by -7.57%.

The stock market performance of McDonald’s Corp has been very steady. Over the last year, the company’s stock hit its highest at $317.90 on 10/21/24, while the lowest price during the same time frame was $243.53, recorded on 07/09/24.

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52-week price history of MCD Stock

The history of a stock’s 52-week high and low prices can provide important information about its current state and future potential. McDonald’s Corp’s current trading price is -7.96% away from its 52-week high, while its distance from the 52-week low is 20.15%. The stock’s price range for this period has been between $243.53 and $317.90. The Consumer Cyclical sector company’s shares saw a trading volume of about 8.85 million for the day, which was higher than the average daily volume of 3.4 million over the last three months.

The Connection Between Financial Performance and Market Capitalization

McDonald’s Corp (MCD) has experienced a quarterly rise of 11.93% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 209.90B and boasts a workforce of 150000 employees.

How Moving Averages and Trading Volume Data Work Together

Based on Barchart.com data, the company’s moving average over the 100-day period was 278.12, with a change in price of +29.89. Similarly, McDonald’s Corp recorded 3,591,761 in trading volume during the last 100 days, posting a change of +11.38%.

MCD Stock Stochastic Average

As of today, the raw stochastic average of McDonald’s Corp over the past 50 days is 41.46%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 6.58%. Additionally, the Stochastic %K and %D values for the company were 24.96% and 47.11%, respectively, over the past 20 days.

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