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. Monster Beverage Corp’s current trading price is -8.91% away from its 52-week high, while its distance from the 52-week low is 28.74%. The stock’s price range during this period has varied between $43.32 and $61.22. The company, active in the Consumer Defensive sector, saw a trading volume of around 8.91 million for the day, considerably higher average daily volume of 6.18 million observed over the last three months.
Monster Beverage Corp had a pretty Dodgy run when it comes to the market performance. Over the past year, the company’s stock reached a high of $61.22 on 03/13/24, while the lowest price during the same period was $43.32 on 08/08/24.
How Financial Performance Impacts Market Capitalization
Monster Beverage Corp (MNST) has experienced a quarterly rise of 3.76% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 54.27B and boasts a workforce of 6558 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 52.14, with a change in price of +4.46. Similarly, Monster Beverage Corp recorded 6,036,917 in trading volume during the last 100 days, posting a change of +8.69%.
How MNST’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 MNST stands at 0.07. Similarly, the long-term debt-to-equity ratio is also 0.07.
MNST Stock Stochastic Average
As of today, the raw stochastic average of Monster Beverage Corp over the last 50 days is at 88.10%. This shows a increasee from the raw stochastic average of the previous 20 days, which was recorded at 87.12%. Further, the company’s Stochastic %K and %D values for the last 20 days were 89.11% and 89.61%, respectively.
MNST Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors unsure of what to expect, resulting in a range of outlooks from optimistic to pessimistic. Year to date metric has recorded a gain of 6.11%.However, over the last six months, we can see a weaker performance of 15.66%. Over the last 30 days, the price of MNST has fallen by 20.45%. And in the last five days, it has surged by 1.09%.
