A stock’s 52-week high and low prices can offer a wealth of information about its current standing and prospective future performance. 3M Co’s current trading price is -0.45% away from its 52-week high, while its distance from the 52-week low is 100.14%. The stock’s price range for this time frame has been between $75.65 and $152.08. The trading volume of the company’s shares in the Industrials reached around 4.29 million for the day, which was evidently higher than the average daily volume of 3.51 million over the last three months.
In terms of market performance, 3M Co had a somewhat regular. The highest value for the stock in the past year was $152.08 on 01/28/25, while the lowest value was $75.65 on 03/04/24.
How Financial Performance Impacts Market Capitalization
3M Co (MMM) has experienced a quarterly rise of 19.71% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 81.68B 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 133.10, with a change in price of +20.55. Similarly, 3M Co recorded 3,609,105 in trading volume during the last 100 days, posting a change of +15.70%.
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 3.39. Similarly, the long-term debt-to-equity ratio is also 2.86.
MMM Stock Stochastic Average
3M Co’s raw stochastic average for the past 50 days is currently at 94.35%. This represents a surge from the raw stochastic average of the last 20 days, which was recorded at 93.77%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 93.49% and 91.65%, respectively.
MMM 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. The index has shown a price gain of 17.28% this year. Over the last six months, there has been a weaker performance of 19.06%. The price of MMM fallen by 16.14% during the last 30 days period. For the last 5-days stocks have improved 3.07%.
