The stock of Marathon Petroleum Corporation (MPC) has seen a -2.51% decrease in the past week, with a -2.71% drop in the past month, and a 12.63% flourish in the past quarter. The volatility ratio for the week is 4.32%, and the volatility levels for the past 30 days are at 3.28% for MPC. The simple moving average for the last 20 days is -1.30% for MPC stock, with a simple moving average of 15.70% for the last 200 days.
Is It Worth Investing in Marathon Petroleum Corporation (NYSE: MPC) Right Now?
Marathon Petroleum Corporation (NYSE: MPC) has a higher price-to-earnings ratio of 4.40x compared to its average ratio. compared to its average ratio and a 36-month beta value of 1.62.
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The average price point forecasted by analysts for Marathon Petroleum Corporation (MPC) is $149.94, which is $25.51 above the current market price. The public float for MPC is 445.39M, and currently, short sellers hold a 2.64% ratio of that float. The average trading volume of MPC on March 17, 2023 was 3.77M shares.
MPC) stock’s latest price update
Marathon Petroleum Corporation (NYSE: MPC)’s stock price has increased by 2.01 compared to its previous closing price of 122.69. Nevertheless, the company has seen a loss of -2.51% in its stock price over the last five trading days. MarketWatch.com reported on 11/08/22 that For EVs, solar tax breaks and climate change, here are the midterm elections that matter
Analysts’ Opinion of MPC
The stock of Marathon Petroleum Corporation (MPC) has seen a -2.51% decrease in the past week, with a -2.71% drop in the past month, and a 12.63% flourish in the past quarter. The volatility ratio for the week is 4.32%, and the volatility levels for the past 30 days are at 3.28% for MPC. The simple moving average for the last 20 days is -1.30% for MPC stock, with a simple moving average of 15.70% for the last 200 days.
Analysts’ Opinion of MPC
Many brokerage firms have already submitted their reports for MPC stocks, with Mizuho repeating the rating for MPC by listing it as a “Buy.” The predicted price for MPC in the upcoming period, according to Mizuho is $160 based on the research report published on March 10th of the current year 2023.
UBS, on the other hand, stated in their research note that they expect to see MPC reach a price target of $165. The rating they have provided for MPC stocks is “Buy” according to the report published on March 09th, 2023.
Jefferies gave a rating of “Buy” to MPC, setting the target price at $157 in the report published on March 03rd of the current year.
MPC Trading at 0.72% from the 50-Day Moving Average
After a stumble in the market that brought MPC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -8.28% of loss for the given period.
Volatility was left at 3.28%, however, over the last 30 days, the volatility rate increased by 4.32%, as shares sank -1.53% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +12.84% upper at present.
During the last 5 trading sessions, MPC fell by -2.51%, which changed the moving average for the period of 200-days by +22.59% in comparison to the 20-day moving average, which settled at $126.71. In addition, Marathon Petroleum Corporation saw 7.54% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at MPC starting from Rucker Kim K.W., who sale 6,000 shares at the price of $130.00 back on Mar 02. After this action, Rucker Kim K.W. now owns 34,950 shares of Marathon Petroleum Corporation, valued at $780,000 using the latest closing price.
Aydt Timothy J, the Ex VP, Refining of Marathon Petroleum Corporation, sale 7,477 shares at $126.54 during a trade that took place back on Nov 22, which means that Aydt Timothy J is holding 16,762 shares at $946,116 based on the most recent closing price.
Stock Fundamentals for MPC
Current profitability levels for the company are sitting at:
- +11.15 for the present operating margin
- +12.71 for the gross margin
The net margin for Marathon Petroleum Corporation stands at +8.14. Equity return is now at value 55.60, with 15.80 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 1.76.
Conclusion
To put it simply, Marathon Petroleum Corporation (MPC) has had a mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
