3M Co. (NYSE:MMM) currently has a daily average trading volume of 5.80M but it saw 2950373 shares traded in last market. With a market cap of 50.58B USD, the company’s current market price of $91.41 came falling about -0.66 while comparing to the previous closing price of $92.02. 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 $91.89, while its current price level is -4.45% below from 52-week high level whereas it is 28.11% 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 $85.37 while that of 200 days or SMA-200 reads an average of $83.63. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.47% during that period while stretching the period over a month that increases to 2.22%. 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 55.83 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 -0.08% down while it is 6.53% when we observe its performance for the past one month. Year-to-date it is 0.01% up and over the past year, the stock is showing an upside performance of 4.75%.
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 10.55 of forward P/E ratio. Stock’s beta reads 1.01. Stock has a price to book (P/B) ratio of 10.51 while price to sale or P/S ratio amounts to 1.55. Its return on asset (ROA) is -14.42% on average.
