In yesterday’s Wall Street session, FMC Corp. (NYSE:FMC) shares traded at $60.95, down -0.34% from the previous session.
FMC stock price is now -0.81% away from the 50-day moving average and -2.13% away from the 200-day moving average. The market capitalization of the company currently stands at $7.61B.
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On February 12, 2024, Loop Capital Downgraded its previous ‘Buy’ rating to ‘Hold’ on the stock reducing its target price from $68 to quote $55, while ‘Exane BNP Paribas’ rates the stock as ‘Neutral’
In other news, Sandifer Andrew D, EVP and CFO bought 2,150 shares of the company’s stock on Mar 04 ’24. The stock was bought for $127,323 at an average price of $59.22. Upon completion of the transaction, the EVP and CFO now directly owns 50,088 shares in the company, valued at $3.05 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 27 ’23, Director Pallash Robert C bought 3,845 shares of the business’s stock. A total of $201,786 was incurred on buying the stock at an average price of $52.48. This leaves the insider owning 47,871 shares of the company worth $2.92 million. A total of 0.72% of the company’s stock is owned by insiders.
During the past 12 months, FMC Corp. has had a low of $49.49 and a high of $111.95. As of last week, the company has a debt-to-equity ratio of 1.04, a current ratio of 1.46, and a quick ratio of 1.02. According to the stock market information, the enterprise value for the company is $11693231104, which is based on a 6.82 price-to-earnings ratio, a 1.52 price-to-earnings-growth ratio, and a beta of 0.88. The fifty day moving average price for FMC is $61.3864 and a two-hundred day moving average price translates $62.1419 for the stock.
The latest earnings results from FMC Corp. (NYSE: FMC) was released for 2024-03-31. The net profit margin was 27.58% and return on equity was 31.33% for FMC. The company reported revenue of $918.0 million for the quarter, compared to $1.34 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -31.71 percent.
