A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. This year’s metric has recorded a Price decrease of -4.61%. However, over the past six months, we’ve seen a weaker performance of 15.17%. The price of FCX fallen by 11.71% over the last 30 days. And in the last five days, it has surged by 0.81%.
Currently, the stock price of Freeport-McMoRan Inc (FCX) is $45.93. In the most recent trading session, the stock underwent a significant upswing, peaking at $55.0 after opening at $45.78. The stock touched a low of $26.0 before closing at $44.8.
Freeport-McMoRan Inc’s stock market performance has been consistent.
52-week price history of FCX Stock
The history of a stock’s 52-week high and low prices can provide important information about its current state and future potential. Freeport-McMoRan Inc’s current trading price is -12.07% away from its 52-week high, while its distance from the 52-week low is 66.68%. The stock’s price range for this period has been between $27.55 and $52.23. The Basic Materials sector company’s shares saw a trading volume of about 4.73 million for the day, which was lower than the average daily volume of 13.33 million over the last three months.
The Connection Between Financial Performance and Market Capitalization
Freeport-McMoRan Inc (FCX) has experienced a quarterly rise of 39.82% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 65.96B and boasts a workforce of 28500 employees.
Expert Opinions: Analysts’ Ratings for Freeport-McMoRan Inc
As of right now, 9 analysts are rating Freeport-McMoRan Inc as a BUY, 5 of the polled analysts branded the stock as an OVERWEIGHT, 5 analysts are recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 1 analyst is rating the stock as SELL.
How Moving Averages and Trading Volume Data Work Together
Based on Barchart.com data, the company’s moving average over the 100-day period was 39.12, with a change in price of +9.14. Similarly, Freeport-McMoRan Inc recorded 16,132,152 in trading volume during the last 100 days, posting a change of +24.86%.
FCX’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 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 last 50 days is at 73.78%. This shows a increasee from the raw stochastic average of the previous 20 days, which was recorded at 65.26%. Further, the company’s Stochastic %K and %D values for the last 20 days were 56.13% and 50.71%, respectively.
