3M Co had a pretty favorable run when it comes to the market performance.
52-week price history of MMM Stock
Analyzing the 52-week price history of a stock, including its high and low prices, can provide valuable insight into its current status and potential future performance. 3M Co’s current trading price is -8.62% away from its 52-week high, while its distance from the 52-week low is 45.41%. The stock’s price range for this period has remained between $98.26 and $156.35. The Industrials sector company’s shares managed to surpass a trading volume of around 1.07 million for the day, which was noticeably lower compared to the shares’ average daily volume of 3.6 million over the last three months.
Financial Performance and Market Capitalization
3M Co (MMM) has experienced a quarterly decline of -5.55% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 76.89B and boasts a workforce of 61500 employees.
Moving average and trading volume data
MMM Debt-to-equity ratio analysis
The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for MMM stands at 3.15. Similarly, the long-term debt-to-equity ratio is also 2.85.
MMM 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 index has shown a price gain of 10.68% this year. Over the last six months, there has been a weaker performance of 10.36%. The price of MMM leaped by -7.31% during the last 30 days period. For the last 5-days stocks have slided -1.31%.
