Marathon Oil Corporation’s market performance has been stable in recent times. The company’s stock hit a 1-year high of $30.06 on 04/12/24 and a low of $21.81 for the same time frame on 01/18/24.
52-week price history of MRO Stock
Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. Marathon Oil Corporation’s current trading price is -4.11% away from its 52-week high, while its distance from the 52-week low is 32.16%. The stock’s price range during the 52-week period has remained between $21.81 and $30.06. In the Energy sector, the company’s shares saw a trading volume of around 1.59 million for the day, which was evidently lower than the average daily volume of 5.69 million over the past three months.
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Market Capitalization and Financial Performance: An In-Depth Look
Marathon Oil Corporation (MRO) has experienced a quarterly rise of 4.33% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 16.13B and boasts a workforce of 1681 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 27.68, with a change in price of +0.16. Similarly, Marathon Oil Corporation recorded 5,617,868 in trading volume during the last 100 days, posting a change of +0.54%.
Examining MRO’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 MRO stands at 0.42. Similarly, the long-term debt-to-equity ratio is also 0.40.
MRO Stock Stochastic Average
Marathon Oil Corporation’s raw stochastic average for the past 50 days is presently 85.09%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 91.31%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 90.93% and 90.22%, respectively.
MRO 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. The index has shown a price gain of 19.31% this year. Over the last six months, there has been a weaker performance of 9.64%. The price of MRO fallen by 8.57% during the last 30 days period. For the last 5-days stocks have improved 1.78%.
