3M Co. (MMM) volume hits 2.95 million: A New Opening for Investors

3M Co. (NYSE: MMM) flaunted slowness of -0.66% at $91.41, before settling in for the price of $92.02 at the close. Taking a more long-term approach, MMM posted a 52-week range of $71.35-$95.67.

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In the past 5-years timespan, the Industrials sector firm’s annual sales growth was 0.07%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 23.46%. This publicly-traded company’s shares outstanding now amounts to $552.58 million, simultaneously with a float of $518.54 million. The organization now has a market capitalization sitting at $50.58 billion. At the time of writing, stock’s 50-day Moving Average stood at $85.37, while the 200-day Moving Average is $83.63.

3M Co. (MMM) Ownership Facts and Figures

Sometimes it is also beneficial to study the sentiment of large-scale investors towards the stock of the 3M Co. industry. 3M Co.’s current insider ownership accounts for 6.29%, in contrast to 67.00% institutional ownership. According to the most recent insider trade that took place on Feb 14 ’24, this organization’s Group President sold 426 shares at the rate of 92.32, making the entire transaction reach 39,330 in total value, affecting insider ownership by 3,966. Preceding that transaction, on May 18 ’23, Company’s Group President sold 9,432 for 99.27, making the whole transaction’s value amount to 936,306. This particular insider is now the holder of 20,943 in total.

3M Co. (MMM) Earnings and Revenue Records

3M Co.’s EPS increase for this current 12-month fiscal period is 23.46% and is forecasted to reach 8.67 in the upcoming year.

3M Co. (NYSE: MMM) Trading Performance Indicators

Let’s observe the current performance indicators for 3M Co. (MMM). It’s Quick Ratio in the last reported quarter now stands at 0.76. The Stock has managed to achieve an average true range (ATR) of 1.83. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.55. Similarly, its price to free cash flow for trailing twelve months is now 9.99.

In the same vein, MMM’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -12.63, a figure that is expected to reach 2.10 in the next quarter, and analysts are predicting that it will be 8.67 at the market close of one year from today.

Technical Analysis of 3M Co. (MMM)

Now, what If we examine the latest scores posted by [3M Co., MMM]. During the last 5-days, its volume was lower the volume of 5.74 million it reported in year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 50.99% While, its Average True Range was 1.72.

Raw Stochastic average of 3M Co. (MMM) in the period of the previous 100 days is set at 79.00%, which indicates a major rise in contrast to 32.04% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 12.72% that was lower than 30.57% volatility it exhibited in the past 100-days period.