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. Mueller Industries, Inc’s current trading price is -16.72% away from its 52-week high, while its distance from the 52-week low is 81.64%. The stock’s price range over this period has fluctuated between $44.39 and $96.81. The company, operating within the financial sector, had a trading volume of approximately 0.24 million for the day, which was noticeably lower than the average daily share volume of 1.3 million over the last 3 months.
In terms of market performance, Mueller Industries, Inc had a fairly even. The highest value for the stock in the past year was $96.81 on 11/11/24, and the lowest value was recorded at $44.39 on 01/17/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Mueller Industries, Inc (MLI) has experienced a quarterly rise of 14.30% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 9.17B and boasts a workforce of 4509 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 76.58, with a change in price of +13.66. Similarly, Mueller Industries, Inc recorded 1,116,523 in trading volume during the last 100 days, posting a change of +20.40%.
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 MLI stands at 0.01. Similarly, the long-term debt-to-equity ratio is also 0.01.
MLI Stock Stochastic Average
Today’s raw stochastic average for Mueller Industries, Inc over the last 50 days is 36.69%.This indicates a decrease from the raw stochastic average of the past 20 days, which was 42.40%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 31.26% and 24.07%, respectively.
MLI 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. This year’s metric has recorded a Price increase of 71.01%. However, over the past six months, we’ve seen a weaker performance of 44.29%. The price of MLI leaped by -8.27% over the last 30 days. And in the last five days, it has fallen by -2.25%.
