Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Monster Beverage Corp’s current trading price is -15.80% away from its 52-week high, while its distance from the 52-week low is 19.00%. The stock’s price range during this period has varied between $43.32 and $61.22. The company, active in the Consumer Defensive sector, saw a trading volume of around 4.89 million for the day, considerably lower average daily volume of 5.32 million observed over the last three months.
Monster Beverage Corp had a pretty Dodgy run when it comes to the market performance. Over the past year, the company’s stock reached a high of $61.22 on 03/13/24, while the lowest price during the same period was $43.32 on 08/08/24.
How Financial Performance Impacts Market Capitalization
Monster Beverage Corp (MNST) has experienced a quarterly rise of 4.69% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 50.13B and boasts a workforce of 6003 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 51.79, with a change in price of +5.31. Similarly, Monster Beverage Corp recorded 5,471,244 in trading volume during the last 100 days, posting a change of +11.48%.
How MNST’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for MNST stands at 0.14. Similarly, the long-term debt-to-equity ratio is also 0.14.
MNST Stock Stochastic Average
As of today, the raw stochastic average of Monster Beverage Corp over the last 50 days is at 17.19%. This shows a declinee from the raw stochastic average of the previous 20 days, which was recorded at 33.90%. Further, the company’s Stochastic %K and %D values for the last 20 days were 43.29% and 46.79%, respectively.
MNST Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. This year’s metric has recorded a Price decrease of -1.92%. However, over the past six months, we’ve seen a weaker performance of 3.51%. The price of MNST leaped by -2.92% over the last 30 days. And in the last five days, it has fallen by -1.87%.
