The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Medtronic Plc’s current trading price is -9.82% away from its 52-week high, while its distance from the 52-week low is 10.03%. The stock’s price range for this period has been between $75.96 and $92.68 The company’s shares, which are part of the Healthcare sector, had a trading volume of approximately 5.1 million for the day, a number notably lower than the average daily volume of 6.09 million over the last three months.
Medtronic Plc experienced a rather steady stock market performance. The highest value in the past year was recorded at $92.68 on 10/24/24 and the lowest value was $75.96 on 07/09/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Medtronic Plc (MDT) has experienced a quarterly decline of -7.49% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 107.17B 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 86.94, with a change in price of +4.10. Similarly, Medtronic Plc recorded 6,116,784 in trading volume during the last 100 days, posting a change of +5.16%.
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 0.51.
MDT Stock Stochastic Average
As of today, Medtronic Plc’s raw stochastic average for the last 50 days stands at 7.19%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 11.86%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 9.46% and 10.48%, respectively.
MDT Stock Price Performance Analysis
The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. Year to date metric has recorded a gain of 1.46%.However, over the last six months, we can see a weaker performance of 1.99%. Over the last 30 days, the price of MDT has leaped by -4.72%. And in the last five days, it has fallen by -2.49%.
