3M Co. experienced a somewhat steady performance in the stock market. The company’s stock reached a 1-year high of $141.34 on 10/22/24, while the lowest price for the same period was registered at $72.71 on 10/30/23.
52-week price history of MMM Stock
A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. 3M Co.’s current trading price is -7.57% away from its 52-week high, while its distance from the 52-week low is 79.66%. The stock’s price range during this period has spanned from $72.71 to $141.34. In the Industrials sector, the 3M Co.’s shares surpassed a trading volume of approximately 1.89 million for the day, which was noticeably lower compared to the average daily volume of 9.4.35 million over the past three months.
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Market Capitalization and Financial Performance: An In-Depth Look
3M Co. (MMM) has experienced a quarterly rise of 3.07% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 71.14B and boasts a workforce of 85000 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 121.26, with a change in price of +31.07. Similarly, 3M Co. recorded 4,059,084 in trading volume during the last 100 days, posting a change of +31.37%.
Examining MMM’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 MMM stands at 2.97. Similarly, the long-term debt-to-equity ratio is also 2.53.
MMM Stock Stochastic Average
Today, 3M Co.’s raw stochastic average for the past 50 days stands at 33.43%, indicating a rise from the raw stochastic average of the last 20 days, which was 33.43%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 12.93% and 9.18% respectively.
MMM 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. This year’s metric has recorded a Price increase of 42.93%. However, over the past six months, we’ve seen a weaker performance of 41.75%. The price of MMM leaped by -4.85% over the last 30 days. And in the last five days, it has fallen by -3.11%.
