A stock’s 52-week high and low prices can offer a wealth of information about its current standing and prospective future performance. Monro Inc’s current trading price is -58.49% away from its 52-week high, while its distance from the 52-week low is 7.18%. The stock’s price range for this time frame has been between $12.19 and $31.49. The trading volume of the company’s shares in the Consumer Cyclical reached around 2.74 million for the day, which was evidently higher than the average daily volume of 0.96 million over the last three months.
The current stock price for Monro Inc (MNRO) is $13.07. The stock experienced a significant increase during the last trading session, reaching $20.0 after opening at $13.07. It dipped to a low of $15.0 before ultimately closing at $16.32.
Monro Inc’s stock has seen a rocky market performance.
How Financial Performance Impacts Market Capitalization
Monro Inc (MNRO) has experienced a quarterly decline of -7.96% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 391.72M and boasts a workforce of 7360 employees.
Decoding Analysts’ Ratings for Monro Inc
As of right now, 1 analyst is rating Monro Inc as a BUY, 0 of the polled analysts branded the stock as an OVERWEIGHT, 4 analysts are recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 analyst is rating the stock as SELL.
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 15.03, with a change in price of -3.74. Similarly, Monro Inc recorded 974,955 in trading volume during the last 100 days, posting a change of -22.25%.
How MNRO’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 MNRO stands at 0.87. Similarly, the long-term debt-to-equity ratio is also 0.74.
MNRO Stock Stochastic Average
The raw stochastic average for Monro Inc over the last 50 days is presently at 14.54%. This reflects a drop from the raw stochastic average of the previous 20 days, which was noted at 14.76%. Further, the company’s Stochastic %K and %D values for the last 20 days were 54.12% and 63.85%, respectively.
MNRO Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors unsure of what to expect, resulting in a range of outlooks from optimistic to pessimistic. The metric has seen a significant loss of -50.30% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -40.62%. Over the past 30 days, the price of MNRO has leaped by -12.34%. And in the last five days, it has fallen by -21.50%.
