Freeport-McMoRan Inc (FCX) average volume reaches $12.29M: Are the Stars Lining Up for Investors?

As on Thursday, Freeport-McMoRan Inc (NYSE: FCX) got off with the flyer as it spiked 0.99% to $36.64, before settling in for the price of $36.28 at the close. Taking a more long-term approach, FCX posted a 52-week range of $35.46-$54.96.

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In the past 5-years timespan, the Basic Materials sector firm’s annual sales growth was 14.32%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 16.95%. This publicly-traded company’s shares outstanding now amounts to $1.44 billion, simultaneously with a float of $1.43 billion. The organization now has a market capitalization sitting at $52.65 billion. At the time of writing, stock’s 50-day Moving Average stood at $40.55, while the 200-day Moving Average is $45.79.

Freeport-McMoRan Inc (FCX) Ownership Facts and Figures

Another important factor to analyze is how key investors are playing towards the stock of the Copper industry. Freeport-McMoRan Inc’s current insider ownership accounts for 0.58%, in contrast to 84.52% institutional ownership. According to the most recent insider trade that took place on Nov 11 ’24, this organization’s EVP & CFO sold 13,000 shares at the rate of 44.91, making the entire transaction reach 583,878 in total value, affecting insider ownership by 68,198.

Freeport-McMoRan Inc (FCX) Earnings and Revenue Records

Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.42 per share during the current fiscal year.

Freeport-McMoRan Inc’s EPS increase for this current 12-month fiscal period is 16.95% and is forecasted to reach 2.33 in the upcoming year.

Freeport-McMoRan Inc (NYSE: FCX) Trading Performance Indicators

Let’s observe the current performance indicators for Freeport-McMoRan Inc (FCX). It’s Quick Ratio in the last reported quarter now stands at 1.18. The Stock has managed to achieve an average true range (ATR) of 1.21. Alongside those numbers, its PE Ratio stands at $28.27, and its Beta score is 1.85. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 2.11. Similarly, its price to free cash flow for trailing twelve months is now 22.38.

In the same vein, FCX’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 1.30, a figure that is expected to reach 0.28 in the next quarter, and analysts are predicting that it will be 2.33 at the market close of one year from today.

Technical Analysis of Freeport-McMoRan Inc (FCX)

Through scrutinizing the latest numbers posted by the [Freeport-McMoRan Inc, FCX], it can be observed that its last 5-days Average volume of 15.78 million was better the volume of 14.59 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 14.48% While, its Average True Range was 1.22.

Raw Stochastic average of Freeport-McMoRan Inc (FCX) in the period of the previous 100 days is set at 6.88%, which indicates a major fall in contrast to 21.53% 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 24.56% that was lower than 32.64% volatility it exhibited in the past 100-days period.