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. Until today this year the stock’s price performance recorded a decrease of -4.10%. However, over the last six months, the performance has been stronger by -24.03%. The price of MGM decreased -9.80% over the last 30 days. And in the last five days, it has fallen by -3.26%.
MGM Resorts International saw a rather unpredictable run in, in terms of market performance. The company’s stock reached its highest point at $48.24 on 04/01/24, while the lowest price for the same duration was marked at $33.28 on 01/07/25.
52-week price history of MGM Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. MGM Resorts International’s current trading price is -31.12% away from its 52-week high, while its distance from the 52-week low is -0.15%. The stock’s price range during this period has varied between$33.28 and $48.24. The MGM Resorts International’s shares, which operate in the Consumer Cyclical, saw a trading volume of around 4.9 million for the day, a figure considerably higher than their average daily volume of 3.91 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
MGM Resorts International (MGM) has experienced a quarterly decline of -19.15% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 9.89B and boasts a workforce of 45000 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 37.52, with a change in price of -4.85. Similarly, MGM Resorts International recorded 4,181,158 in trading volume during the last 100 days, posting a change of -12.74%.
MGM’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 MGM stands at 10.03. Similarly, the long-term debt-to-equity ratio is also 9.77.
MGM Stock Stochastic Average
MGM Resorts International’s raw stochastic average for the past 50 days is presently 1.48%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 2.85%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 11.33% and 14.00%, respectively.
