Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. MGM Resorts International’s current trading price is -27.42% away from its 52-week high, while its distance from the 52-week low is 35.57%. The stock’s price range over this period has fluctuated between $25.30 and $47.26. The company, operating within the financial sector, had a trading volume of approximately 9.06 million for the day, which was noticeably higher than the average daily share volume of 5.75 million over the last 3 months.
MGM Resorts International experienced a somewhat shaky performance in the stock market. The company’s stock reached a 1-year high of $47.26 on 07/17/24, while the lowest price for the same period was registered at $25.30 on 04/08/25.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
MGM Resorts International (MGM) has experienced a quarterly rise of 5.80% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 9.33B and boasts a workforce of 78000 employees.
Analyzing Trading Volume and Moving Average Trends
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for MGM stands at 11.17. Similarly, the long-term debt-to-equity ratio is also 11.11.
MGM Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. Year to date metric has recorded a loss of -1.01%.However, over the last six months, we can see a stronger performance of -7.15%. Over the last 30 days, the price of MGM has leaped by -0.26%. And in the last five days, it has surged by 5.64%.
