The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. MPLX LP’s current trading price is 0.40% away from its 52-week high, while its distance from the 52-week low is 44.06%. The stock’s price range for this period has been between $37.04 and $53.15 The company’s shares, which are part of the Energy sector, had a trading volume of approximately 5.26 million for the day, a number notably higher than the average daily volume of 1.89 million over the last three months.
MPLX LP ‘s stock market performance has been somewhat predictable. The company’s stock reached a 1-year high price of $53.15 on 01/30/25, while the lowest value for the same period was recorded at $37.04 on 02/05/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
MPLX LP (MPLX) has experienced a quarterly rise of 21.91% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 54.36B and boasts a workforce of 5810 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 46.81, with a change in price of +10.40. Similarly, MPLX LP recorded 1,678,287 in trading volume during the last 100 days, posting a change of +24.21%.
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 MPLX stands at 1.64. Similarly, the long-term debt-to-equity ratio is also 1.43.
MPLX Stock Stochastic Average
As of today, MPLX LP’s raw stochastic average for the last 50 days stands at 97.52%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 96.78%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 82.44% and 75.17%, respectively.
MPLX Stock Price Performance Analysis
Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. Until today this year the stock’s price performance recorded an increase of 11.49%. However, over the last six months, the performance has been weaker by 23.78%. The price of MPLX increased 12.38% over the last 30 days. And in the last five days, it has surged by 2.85%.