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. Mercury General Corp’s current trading price is -39.96% away from its 52-week high, while its distance from the 52-week low is 30.71%. The stock’s price range over this period has fluctuated between $37.08 and $80.72. The company, operating within the financial sector, had a trading volume of approximately 2.14 million for the day, which was noticeably higher than the average daily share volume of 0.27 million over the last 3 months.
Mercury General Corp ‘s stock market performance has been somewhat predictable. The company’s stock reached a 1-year high price of $80.72 on 11/29/24, while the lowest value for the same period was recorded at $37.08 on 02/05/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Mercury General Corp (MCY) has experienced a quarterly decline of -25.58% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.68B and boasts a workforce of 4100 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 67.26, with a change in price of -12.40. Similarly, Mercury General Corp recorded 298,544 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 MCY stands at 0.32. Similarly, the long-term debt-to-equity ratio is also 0.32.
MCY Stock Stochastic Average
Today, Mercury General Corp’s raw stochastic average for the past 50 days stands at 5.05%, indicating a decline from the raw stochastic average of the last 20 days, which was 6.12%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 12.62% and 10.59% respectively.
MCY Stock Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. The index has shown a price loss of -27.09% this year. Over the last six months, there has been a stronger performance of -10.01%. The price of MCY leaped by -34.43% during the last 30 days period. For the last 5-days stocks have slided -26.28%.
