The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. The index has shown a price loss of -15.54% this year. Over the last six months, there has been a weaker performance of 4.99%. The price of MGM fallen by 15.74% during the last 30 days period. For the last 5-days stocks have improved 7.11%.
MGM Resorts International’s stock has had a calm market performance. The 1-year high for the company’s stock was $47.26 on 07/17/24, and the lowest price during the same period was recorded at $25.30 on 04/08/25.
52-week price history of MGM Stock
The history of a stock’s 52-week high and low prices can provide important information about its current state and future potential. MGM Resorts International’s current trading price is -22.49% away from its 52-week high, while its distance from the 52-week low is 44.79%. The stock’s price range for this period has been between $25.30 and $47.26. The Consumer Cyclical sector company’s shares saw a trading volume of about 3.37 million for the day, which was lower than the average daily volume of 5.78 million over the last three months.
The Connection Between Financial Performance and Market Capitalization
MGM Resorts International (MGM) has experienced a quarterly rise of 23.59% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 9.97B and boasts a workforce of 78000 employees.
How Moving Averages and Trading Volume Data Work Together
MGM’s Debt-to-Equity Ratio: A Comprehensive Review
A key metric for assessing a company’s financial well-being and market status is the debt-to-equity (D/E) ratio. This ratio is derived by dividing a company’s total liabilities by its shareholders’ equity, and it demonstrates the level of debt a company uses to support its assets relative to shareholder 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.
