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MPC: Riding the Market Waves of Growth and Decline in 2023

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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. Year to date metric has recorded a gain of 1.17%.However, over the last six months, we can see a stronger performance of -14.58%. Over the last 30 days, the price of MPC has fallen by 0.36%. And in the last five days, it has fallen by -3.39%.

Marathon Petroleum Corp experienced a rather steady stock market performance. The highest value in the past year was recorded at $221.11 on 04/05/24 and the lowest value was $140.98 on 12/07/23.

52-week price history of MPC Stock

Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Marathon Petroleum Corp’s current trading price is -32.12% away from its 52-week high, while its distance from the 52-week low is 6.47%. The stock’s price range during this period has varied between$140.98 and $221.11. The Marathon Petroleum Corp’s shares, which operate in the Energy, saw a trading volume of around 2.19 million for the day, a figure considerably lower than their average daily volume of 2.59 million over last three months.

Market Capitalization vs. Financial Performance: A Comparative Study

Marathon Petroleum Corp (MPC) has experienced a quarterly decline of -9.58% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 48.24B and boasts a workforce of 18200 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 163.45, with a change in price of -17.57. Similarly, Marathon Petroleum Corp recorded 2,515,419 in trading volume during the last 100 days, posting a change of -10.48%.

MPC’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 MPC stands at 1.55. Similarly, the long-term debt-to-equity ratio is also 1.31.

MPC Stock Stochastic Average

Marathon Petroleum Corp’s raw stochastic average for the past 50 days is presently 20.87%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 14.61%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 28.22% and 48.78%, respectively.

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