The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Freeport-McMoRan Inc’s current trading price is -28.44% away from its 52-week high, while its distance from the 52-week low is 9.19%. The stock’s price range for this period has been between $36.09 and $55.07 The company’s shares, which are part of the Basic Materials sector, had a trading volume of approximately 10.42 million for the day, a number notably lower than the average daily volume of 11.12 million over the last three months.
Freeport-McMoRan Inc experienced a rather shaky stock market performance. The highest value in the past year was recorded at $55.07 on 05/20/24 and the lowest value was $36.09 on 02/13/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Freeport-McMoRan Inc (FCX) has experienced a quarterly decline of -20.33% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 56.63B and boasts a workforce of 27200 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 44.18, with a change in price of -4.84. Similarly, Freeport-McMoRan Inc recorded 11,395,491 in trading volume during the last 100 days, posting a change of -10.94%.
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 FCX stands at 0.55. Similarly, the long-term debt-to-equity ratio is also 0.51.
FCX Stock Stochastic Average
Freeport-McMoRan Inc’s raw stochastic average for the past 50 days is presently 18.50%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 40.13%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 36.50% and 35.19%, respectively.
FCX Stock Price Performance Analysis
The stock price performance this year has been a mixed bag, which means people have different opinions about whether it’s been good or bad. Some may see it as optimistic, while others may view it as pessimistic. Until today this year the stock’s price performance recorded an increase of 3.49%. However, over the last six months, the performance has been stronger by -22.92%. The price of FCX decreased -7.64% over the last 30 days. And in the last five days, it has surged by 4.51%.
