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. Freeport-McMoRan Inc’s current trading price is -32.18% away from its 52-week high, while its distance from the 52-week low is 34.77%. The stock’s price range during this period has varied between $27.60 and $54.84. The company, active in the Basic Materials sector, saw a trading volume of around 4.1 million for the day, considerably lower average daily volume of 18.7 million observed over the last three months.
Freeport-McMoRan Inc’s stock market performance has been somewhat irregular. The 1-year high for the company’s stock was recorded at $54.84 on 05/20/24, with the lowest value being $27.60 on 04/07/25.
How Financial Performance Impacts Market Capitalization
Freeport-McMoRan Inc (FCX) has experienced a quarterly rise of 1.66% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 53.45B and boasts a workforce of 28500 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 37.99, with a change in price of -6.78. Similarly, Freeport-McMoRan Inc recorded 16,388,107 in trading volume during the last 100 days, posting a change of -15.35%.
How FCX’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 FCX stands at 0.53. Similarly, the long-term debt-to-equity ratio is also 0.50.
FCX Stock Stochastic Average
As of today, the raw stochastic average of Freeport-McMoRan Inc over the past 50 days is 61.78%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 92.38%. Additionally, the Stochastic %K and %D values for the company were 81.88% and 67.92%, respectively, over the past 20 days.
FCX 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. The metric has seen a significant loss of -1.92% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -22.06%. Over the past 30 days, the price of FCX has leaped by -6.76%. And in the last five days, it has surged by 12.88%.
