The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. 3M Co’s current trading price is -8.19% away from its 52-week high, while its distance from the 52-week low is 71.55%. The stock’s price range for this period has been between $75.65 and $141.34 The company’s shares, which are part of the Industrials sector, had a trading volume of approximately 3.92 million for the day, a number notably higher than the average daily volume of 3.48 million over the last three months.
3M Co saw a rather consistency, in terms of market performance. The company’s stock reached its highest point at $141.34 on 10/22/24, while the lowest price for the same duration was marked at $75.65 on 03/04/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
3M Co (MMM) has experienced a quarterly decline of -1.71% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 70.67B 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 130.12, with a change in price of +24.80. Similarly, 3M Co recorded 3,932,788 in trading volume during the last 100 days, posting a change of +23.63%.
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
As of today, 3M Co’s raw stochastic average for the last 50 days stands at 31.29%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 37.26%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 43.45% and 55.74%, respectively.
MMM Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. The index has shown a price gain of 41.98% this year. Over the last six months, there has been a weaker performance of 28.22%. The price of MMM leaped by -2.43% during the last 30 days period. For the last 5-days stocks have slided -0.52%.
