Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. The index has shown a price gain of 121.37% this year. Over the last six months, there has been a weaker performance of 39.41%. The price of MMYT fallen by 5.05% during the last 30 days period. For the last 5-days stocks have improved 2.47%.
MakeMyTrip Ltd’s market performance has been stable in recent times. The company’s stock hit a 1-year high of $113.61 on 11/06/24 and a low of $39.20 for the same time frame on 11/08/23.
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52-week price history of MMYT Stock
Examining the 52-week high and low prices can provide valuable insights into a stock’s current status and future performance. MakeMyTrip Ltd’s current trading price is -8.46% away from its 52-week high, while its distance from the 52-week low is 165.31%. The stock’s price range during this time has been between $39.20 and $113.61. The trading volume for the Consumer Cyclical sector company’s shares reached about 0.88 million for the day, which was higher than the average daily volume of 0.63 million over the last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
MakeMyTrip Ltd (MMYT) has experienced a quarterly rise of 10.65% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 11.42B and boasts a workforce of 4576 employees.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 95.20, with a change in price of +25.03. Similarly, MakeMyTrip Ltd recorded 683,189 in trading volume during the last 100 days, posting a change of +31.70%.
MMYT’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for MMYT stands at 0.20. Similarly, the long-term debt-to-equity ratio is also 0.19.
MMYT Stock Stochastic Average
Today’s raw stochastic average for MakeMyTrip Ltd over the last 50 days is 65.37%.This indicates a increase from the raw stochastic average of the past 20 days, which was 49.55%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 70.47% and 65.49%, respectively.