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. Medtronic Plc’s current trading price is -2.55% away from its 52-week high, while its distance from the 52-week low is 31.20%. The stock’s price range over this period has fluctuated between $68.84 and $92.68. The company, operating within the financial sector, had a trading volume of approximately 7.27 million for the day, which was noticeably higher than the average daily share volume of 5.96 million over the last 3 months.
Medtronic Plc experienced a rather steady stock market performance. The highest value in the past year was recorded at $92.68 on 10/24/24 and the lowest value was $68.84 on 10/30/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Medtronic Plc (MDT) has experienced a quarterly rise of 12.45% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 115.83B and boasts a workforce of 95000 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 84.85, with a change in price of +7.98. Similarly, Medtronic Plc recorded 6,107,430 in trading volume during the last 100 days, posting a change of +9.69%.
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 MDT stands at 0.58. Similarly, the long-term debt-to-equity ratio is also 0.55.
MDT Stock Stochastic Average
Today, Medtronic Plc’s raw stochastic average for the past 50 days stands at 74.91%, indicating a rise from the raw stochastic average of the last 20 days, which was 59.30%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 62.46% and 68.77% respectively.
MDT Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. The metric has seen a significant gain of 9.64% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 12.56%. Over the past 30 days, the price of MDT has fallen by 0.32%. And in the last five days, it has fallen by -0.88%.
