Monster Beverage Corp ‘s stock market performance has been somewhat erratic. The company’s stock reached a 1-year high price of $60.13 on 03/27/24, while the lowest value for the same period was recorded at $43.32 on 08/08/24.
52-week price history of MNST Stock
Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. Monster Beverage Corp’s current trading price is -3.83% away from its 52-week high, while its distance from the 52-week low is 33.49%. The stock’s price range during the 52-week period has remained between $43.32 and $60.13. In the Consumer Defensive sector, the company’s shares saw a trading volume of around 6.64 million for the day, which was evidently higher than the average daily volume of 6.2 million over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
Monster Beverage Corp (MNST) has experienced a quarterly rise of 12.20% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 56.28B and boasts a workforce of 6558 employees.
Making Sense of Trading Volume and Moving Average Data
Based on Barchart.com data, the company’s moving average over the 100-day period was 52.41, with a change in price of +4.46. Similarly, Monster Beverage Corp recorded 6,065,571 in trading volume during the last 100 days, posting a change of +8.36%.
Examining MNST’s Debt-to-Equity Ratio: What You Need to Know
The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the 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, Monster Beverage Corp’s raw stochastic average for the last 50 days stands at 99.02%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 98.29%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 96.78% and 95.87%, respectively.
MNST Stock Price Performance Analysis
The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. This year’s metric has recorded a Price increase of 10.03%. However, over the past six months, we’ve seen a weaker performance of 11.58%. The price of MNST fallen by 9.11% over the last 30 days. And in the last five days, it has surged by 2.88%.
