In yesterday’s Wall Street session, FMC Corp. (NYSE:FMC) shares traded at $64.34, up 10.25% from the previous session.
FMC stock price is now 10.88% away from the 50-day moving average and 10.25% away from the 200-day moving average. The market capitalization of the company currently stands at $8.03B.
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With the price target of $62, Barclays recently initiated with Equal Weight rating for FMC Corp. (NYSE: FMC). , while ‘Loop Capital’ rates the stock as ‘Hold’
In other news, Angeli Brian Paul, Ex. VP & Chief Marketing Off. sold 400 shares of the company’s stock on Jul 17 ’24. The stock was sold for $24,000 at an average price of $60.00. Upon completion of the transaction, the Ex. VP & Chief Marketing Off. now directly owns 5,879 shares in the company, valued at $0.38 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 04 ’24, EVP and CFO Sandifer Andrew D bought 2,150 shares of the business’s stock. A total of $127,323 was incurred on buying the stock at an average price of $59.22. This leaves the insider owning 50,088 shares of the company worth $3.22 million. A total of 0.79% 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 $96.04. 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 $11750099968, which is based on a 7.20 price-to-earnings ratio, a 1.60 price-to-earnings-growth ratio, and a beta of 0.84. The fifty day moving average price for FMC is $58.037 and a two-hundred day moving average price translates $58.36775 for the stock.
The latest earnings results from FMC Corp. (NYSE: FMC) was released for 2024-06-30. 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.
