Freeport-McMoRan Inc’s stock market performance has been consistent. The 1-year high for the company’s stock was recorded at $55.07 on 05/20/24, with the lowest value being $35.81 on 02/13/24.
52-week price history of FCX Stock
A stock’s 52-week high and low prices can reveal a great deal about its present condition and potential future performance. Freeport-McMoRan Inc’s current trading price is -19.49% away from its 52-week high, while its distance from the 52-week low is 23.79%. The stock’s price range during this period has fluctuated between $35.81 and $55.07. Shares of the company, which operates in the Basic Materials sector, recorded a trading volume of around 7.98 million for the day, which was evidently lower than the average daily volume of 11.64 million over the last three months.
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Financial Performance and Market Capitalization
Freeport-McMoRan Inc (FCX) has experienced a quarterly rise of 9.88% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 62.63B and boasts a workforce of 27200 employees.
Moving average and trading volume data
Based on Barchart.com data, the company’s moving average over the 100-day period was 44.98, with a change in price of -1.51. Similarly, Freeport-McMoRan Inc recorded 11,597,259 in trading volume during the last 100 days, posting a change of -3.30%.
FCX Debt-to-equity ratio analysis
The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for FCX stands at 0.55. Similarly, the long-term debt-to-equity ratio is also 0.51.
FCX Stock Stochastic Average
Freeport-McMoRan Inc’s raw stochastic average for the past 50 days is currently at 25.45%. This represents a fall from the raw stochastic average of the last 20 days, which was recorded at 66.25%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 26.21% and 17.36%, respectively.
FCX Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. The index has shown a price gain of 4.80% this year. Over the last six months, there has been a stronger performance of -11.06%. The price of FCX leaped by -8.74% during the last 30 days period. For the last 5-days stocks have improved 1.59%.
