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. 3M Co’s current trading price is 4.61% away from its 52-week high, while its distance from the 52-week low is 95.90%. The stock’s price range during this period has varied between $75.65 and $141.66. The company, active in the Industrials sector, saw a trading volume of around 5.31 million for the day, considerably higher average daily volume of 3.55 million observed over the last three months.
3M Co’s stock has seen a smooth market performance. The company’s stock achieved a 1-year high of $141.66 on 01/21/25, and the lowest price during that time was $75.65, recorded on 03/04/24.
How Financial Performance Impacts Market Capitalization
3M Co (MMM) has experienced a quarterly rise of 9.22% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 80.70B and boasts a workforce of 85000 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 132.20, with a change in price of +15.45. Similarly, 3M Co recorded 3,479,822 in trading volume during the last 100 days, posting a change of +11.72%.
How MMM’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 MMM stands at 2.97. Similarly, the long-term debt-to-equity ratio is also 2.53.
MMM Stock Stochastic Average
As of today, the raw stochastic average of 3M Co over the past 50 days is 89.04%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 88.88%. Additionally, the Stochastic %K and %D values for the company were 93.72% and 95.23%, respectively, over the past 20 days.
MMM Stock Price Performance Analysis
The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. This year’s metric has recorded a Price increase of 14.80%. However, over the past six months, we’ve seen a weaker performance of 42.60%. The price of MMM fallen by 15.73% over the last 30 days. And in the last five days, it has surged by 10.10%.
