Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. Until today this year the stock’s price performance recorded an increase of 18.00%. However, over the last six months, the performance has been weaker by 21.96%. The price of MMM increased 16.91% over the last 30 days. And in the last five days, it has fallen by -1.35%.
3M Co experienced a somewhat steady performance in the stock market. The company’s stock reached a 1-year high of $155.00 on 01/31/25, while the lowest price for the same period was registered at $75.65 on 03/04/24.
52-week price history of MMM Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. 3M Co’s current trading price is -1.73% away from its 52-week high, while its distance from the 52-week low is 101.36%. The stock’s price range during this period has varied between$75.65 and $155.00. The 3M Co’s shares, which operate in the Industrials, saw a trading volume of around 2.34 million for the day, a figure considerably lower than their average daily volume of 3.52 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
3M Co (MMM) has experienced a quarterly rise of 21.03% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 82.17B and boasts a workforce of 61500 employees.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 134.61, with a change in price of +20.29. Similarly, 3M Co recorded 3,621,016 in trading volume during the last 100 days, posting a change of +15.37%.
MMM’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for MMM stands at 3.56. Similarly, the long-term debt-to-equity ratio is also 3.01.
MMM Stock Stochastic Average
As of today, 3M Co’s raw stochastic average for the last 50 days stands at 90.96%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 89.47%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 88.81% and 86.77%, respectively.
