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. This year’s metric has recorded a Price decrease of -11.60%. However, over the past six months, we’ve seen a weaker performance of 1.75%. The price of SCCO leaped by -10.51% over the last 30 days. And in the last five days, it has fallen by -10.21%.
The stock price for Southern Copper Corporation (SCCO) currently stands at $90.54. The stock experienced a substantial increase in the last session, hitting $130.0 after starting at $90.54. The stock’s lowest price was $67.31 before closing at $96.66.
Southern Copper Corporation experienced a rather steady stock market performance.
52-week price history of SCCO Stock
Examining the 52-week high and low prices can provide valuable insights into a stock’s current status and future performance. Southern Copper Corporation’s current trading price is -23.69% away from its 52-week high, while its distance from the 52-week low is 22.18%. The stock’s price range during this time has been between $74.11 and $118.64. The trading volume for the Basic Materials sector company’s shares reached about 5.01 million for the day, which was higher than the average daily volume of 1.39 million over the last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Southern Copper Corporation (SCCO) has experienced a quarterly decline of -1.54% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 72.80B and boasts a workforce of 16133 employees.
Southern Copper Corporation: Analysts’ Ratings Unveiled
As of right now, 2 analysts are rating Southern Copper Corporation as a BUY, 0 of the polled analysts branded the stock as an OVERWEIGHT, 8 analysts are recommending to HOLD this stock, 3 of them gave the stock UNDERWEIGHT rating, and 2 analysts are rating the stock as SELL.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 94.00, with a change in price of -0.28. Similarly, Southern Copper Corporation recorded 1,560,897 in trading volume during the last 100 days, posting a change of -0.31%.
SCCO’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for SCCO stands at 0.74. Similarly, the long-term debt-to-equity ratio is also 0.74.
SCCO Stock Stochastic Average
Today’s raw stochastic average for Southern Copper Corporation over the last 50 days is 8.76%.This indicates a increase from the raw stochastic average of the past 20 days, which was 8.76%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 10.33% and 15.14%, respectively.