Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. This year’s metric has recorded a Price decrease of -2.36%. However, over the past six months, we’ve seen a stronger performance of -15.16%. The price of FCX leaped by -3.61% over the last 30 days. And in the last five days, it has fallen by -5.98%.
In terms of market performance, Freeport-McMoRan Inc had a fairly uneven. The highest value for the stock in the past year was $54.96 on 05/20/24, and the lowest value was recorded at $34.89 on 02/03/25.
52-week price history of FCX Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Freeport-McMoRan Inc’s current trading price is -32.48% away from its 52-week high, while its distance from the 52-week low is 6.36%. The stock’s price range during this period has varied between$34.89 and $54.96. The Freeport-McMoRan Inc’s shares, which operate in the Basic Materials, saw a trading volume of around 8.42 million for the day, a figure considerably lower than their average daily volume of 13.24 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Freeport-McMoRan Inc (FCX) has experienced a quarterly decline of -15.73% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 53.33B and boasts a workforce of 28500 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 42.50, with a change in price of -14.23. Similarly, Freeport-McMoRan Inc recorded 12,130,330 in trading volume during the last 100 days, posting a change of -27.72%.
FCX’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 FCX stands at 0.55. Similarly, the long-term debt-to-equity ratio is also 0.55.
FCX Stock Stochastic Average
Freeport-McMoRan Inc’s raw stochastic average for the past 50 days is presently 25.14%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 37.56%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 47.26% and 56.92%, respectively.
