Freeport-McMoRan Inc (NYSE:FCX) shares, rose in value, with the stock price down by -2.20% to the previous day’s close as strong demand from buyers drove the stock to $40.58.
Actively observing the price movement in the recent trading, the stock is buoying the session at $41.49, falling within a range of $39.61 and $40.705. The value of beta (5-year monthly) is 1.869 whereas the PE ratio is 31.31 over 12-month period. Referring to stock’s 52-week performance, its high was $54.96, and the low was $33.98. On the whole, FCX has fluctuated by 6.93% over the past month.
With the market capitalization of Freeport-McMoRan Inc currently standing at about $58.31 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Jan-22. The company’s Forward Dividend Ratio is 0.30, with its dividend yield at 0.74%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 26.03B, with a low estimate of 5B and a high estimate of 5.53B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 5.36B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that FCX’s technical picture suggests that short-term indicators denote the stock is a Hold on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the PEG ratio is about 1.43, with the price of FCX currently trading nearly 5.25% and 6.25% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 55.95, while the 7-day volatility ratio is showing 3.12% which for the 30-day chart, stands at 3.91%. Furthermore, Freeport-McMoRan Inc (FCX)’s beta value is 1.70, and its average true range (ATR) is 1.64.
A comparison of Freeport-McMoRan Inc (FCX) with its peers suggests the former has fared considerably weaker in the market. FCX showed an intraday change of -2.20% in today’s session so far, and over the past year, it shrunk by -9.95%%.
Data on historical trading for Freeport-McMoRan Inc (NYSE:FCX) indicates that the trading volumes over the past 10 days have averaged 18.68 and over the past 3 months, they’ve averaged 15.62 million. According to company’s latest data on outstanding shares, there are 1.44 billion shares outstanding.
Nearly 0.62% of Freeport-McMoRan Inc’s shares belong to company insiders and institutional investors own 85.24% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 24.93 million shares as on 2025-03-14, resulting in a short ratio of 1.54. According to the data, the short interest in Freeport-McMoRan Inc (FCX) stood at 174.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 26.5 million. The stock has risen by 6.76% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the FCX stock heading into the next quarter.
