Solventum Corp (NYSE:SOLV) currently has a daily average trading volume of 1.40M but it saw 1951673 shares traded in last market. With a market cap of 11.76B USD, the company’s current market price of $68.10 came falling about -1.62 while comparing to the previous closing price of $69.22. In past 52 weeks, the stock remained buoying in the range of price level as high as $96.05 and as low as $47.16. In the recent trading on the day, stock has struck highest price mark of $67.89 while lowest mark touched by it was $69.05.
Taking a look at 20-day trading activity of Solventum Corp (SOLV) gives us an average price of $68.36, while its current price level is -29.10% below from 52-week high level whereas it is 44.40% 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 $62.25. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.26% during that period while stretching the period over a month that increases to 2.83%. 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 56.11 which implies that the stock is in neutral territory.
Over the week, SOLV’s stock price is moving -5.86% down while it is 12.47% when we observe its performance for the past one month. Year-to-date it is -14.88% down and over the past year.
Currently, Solventum Corp’s total number of outstanding shares is 172.71M. It has a 12.24 of forward P/E ratio. Stock has a price to book (P/B) ratio of 4.10.
