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. 3M Co’s current trading price is -5.45% away from its 52-week high, while its distance from the 52-week low is 76.66%. The stock’s price range over this period has fluctuated between $75.65 and $141.34. The company, operating within the financial sector, had a trading volume of approximately 1.17 million for the day, which was noticeably lower than the average daily share volume of 3.59 million over the last 3 months.
3M Co experienced a rather steady stock market performance. The highest value in the past year was recorded at $141.34 on 10/22/24 and the lowest value was $75.65 on 03/04/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
3M Co (MMM) has experienced a quarterly rise of 0.55% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 72.77B and boasts a workforce of 85000 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 127.61, with a change in price of +34.05. Similarly, 3M Co recorded 3,970,275 in trading volume during the last 100 days, posting a change of +34.16%.
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 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 54.87%, indicating a decline from the raw stochastic average of the last 20 days, which was 83.12%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 70.87% and 54.30% respectively.
MMM 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 46.21% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 36.08%. Over the past 30 days, the price of MMM has fallen by 3.38%. And in the last five days, it has surged by 4.53%.
