A Few Bright Spots In FMC Corp. (NYSE: FMC)

FMC Corp. (NYSE:FMC) currently has a daily average trading volume of 2.01M but it saw 1549252 shares traded in last market. With a market cap of 7.32B USD, the company’s current market price of $58.68 came rising about 1.47 while comparing to the previous closing price of $57.83. In past 52 weeks, the stock remained buoying in the range of price level as high as $111.95 and as low as $49.49.

Taking a look at 20-day trading activity of FMC Corp. (FMC) gives us an average price of $62.52, while its current price level is -47.58% below from 52-week high level whereas it is 18.57% 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 $60.98 while that of 200 days or SMA-200 reads an average of $61.54. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.41% during that period while stretching the period over a month that decreases to 3.25%. 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 42.90 which implies that the stock is in neutral territory.

Loop Capital downgraded its recommendation for the stock as a “Hold” from “Buy” on February 12, 2024 while assigning a price target range of $68-$55. Exane BNP Paribas issued its recommendations for the stock as it downgraded the price target for the stock is $56.

Over the week, FMC’s stock price is moving -4.05% down while it is -12.09% when we observe its performance for the past one month. Year-to-date it is -6.93% down and over the past year, the stock is showing a downside performance of -46.76%.

Currently, FMC Corp.’s total number of outstanding shares is 124.76M. Company’s return on investment (ROI) stands at 15.02% and return on equity (ROE) at 31.33%. It has a price to earnings ratio (P/E ratio) of 6.56 while having a 11.72 of forward P/E ratio. Stock’s beta reads 0.85. Stock has a price to book (P/B) ratio of 1.70 while price to sale or P/S ratio amounts to 1.80. Its return on asset (ROA) is 10.28% on average.