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 -4.73% away from its 52-week high, while its distance from the 52-week low is 23.26%. The stock’s price range over this period has fluctuated between $71.64 and $92.68. The company, operating within the financial sector, had a trading volume of approximately 7.2 million for the day, which was noticeably higher than the average daily share volume of 6.01 million over the last 3 months.
Medtronic Plc ‘s stock market performance has been somewhat predictable. The company’s stock reached a 1-year high price of $92.68 on 10/24/24, while the lowest value for the same period was recorded at $71.64 on 11/13/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Medtronic Plc (MDT) has experienced a quarterly rise of 8.03% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 113.24B 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 85.60, with a change in price of +6.66. Similarly, Medtronic Plc recorded 6,072,115 in trading volume during the last 100 days, posting a change of +8.16%.
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 24.46%, indicating a rise from the raw stochastic average of the last 20 days, which was 14.29%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 10.31% and 11.58% respectively.
MDT Stock Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. The index has shown a price gain of 7.19% this year. Over the last six months, there has been a weaker performance of 4.74%. The price of MDT leaped by -1.90% during the last 30 days period. For the last 5-days stocks have slided -1.54%.
