Vulcan Materials Co (NYSE: VMC) Recovers 31.50% From 52-Week Low, Is VMC Still A High-Risk, High-Reward Play?

Vulcan Materials Co (NYSE:VMC) currently has a daily average trading volume of 735.83K but it saw 933300 shares traded in last market. With a market cap of 33.13B USD, the company’s current market price of $250.51 came falling about -3.71 while comparing to the previous closing price of $260.15. In past 52 weeks, the stock remained buoying in the range of price level as high as $276.58 and as low as $190.51.

Taking a look at 20-day trading activity of Vulcan Materials Co (VMC) gives us an average price of $250.72, while its current price level is -9.43% below from 52-week high level whereas it is 31.50% 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 $253.11 while that of 200 days or SMA-200 reads an average of $240.58. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.14% during that period while stretching the period over a month that decreases to 2.09%. 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 47.31 which implies that the stock is in neutral territory.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the JP Morgan which downgraded the stock as “Neutral” in its note to investors issued on March 22, 2024, recommending a price target of between $245 and $270 for it. RBC Capital Mkts also issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $235 and $236.

Over the week, VMC’s stock price is moving -2.07% down while it is 1.18% when we observe its performance for the past one month. Year-to-date it is 10.35% up and over the past year, the stock is showing an upside performance of 12.54%.

Currently, Vulcan Materials Co’s total number of outstanding shares is 132.10M. Company’s return on investment (ROI) stands at 8.07% and return on equity (ROE) at 12.79%. It has a price to earnings ratio (P/E ratio) of 36.57 while having a 25.58 of forward P/E ratio. Stock’s beta reads 0.82. Stock has a price to book (P/B) ratio of 4.42 while price to sale or P/S ratio amounts to 4.31. Its return on asset (ROA) is 6.62% on average.