3M Co. (NYSE:MMM) currently has a daily average trading volume of 6.42M but it saw 3068129 shares traded in last market. With a market cap of 50.62B USD, the company’s current market price of $91.48 came rising about 0.57 while comparing to the previous closing price of $90.96. In past 52 weeks, the stock remained buoying in the range of price level as high as $95.67 and as low as $71.35.
Taking a look at 20-day trading activity of 3M Co. (MMM) gives us an average price of $90.77, while its current price level is -4.38% below from 52-week high level whereas it is 28.20% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $83.93 while that of 200 days or SMA-200 reads an average of $83.37. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.81% during that period while stretching the period over a month that increases to 2.40%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 59.26 which implies that the stock is in neutral territory.
Barclays upgraded its recommendation for the stock as a “Overweight” from “Equal Weight” on March 19, 2024 while assigning a price target range of $111-$126. Barclays issued its recommendations for the stock as it upgraded the price target for the stock in the range of between $98 and $107.
Over the week, MMM’s stock price is moving -1.82% down while it is 3.89% when we observe its performance for the past one month. Year-to-date it is 0.09% up and over the past year, the stock is showing an upside performance of 2.96%.
Currently, 3M Co.’s total number of outstanding shares is 552.58M. Company’s return on investment (ROI) stands at -37.83% and return on equity (ROE) at -71.64%. It has a 10.63 of forward P/E ratio. Stock’s beta reads 1.01. Stock has a price to book (P/B) ratio of 10.52 while price to sale or P/S ratio amounts to 1.55. Its return on asset (ROA) is -14.42% on average.
