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Southern Copper Corporation Inc. (SCCO) Price Performance: The Role of Share Buybacks and Stock Splits

The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer….

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This article was originally published by Invest Chronicle

The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. Year to date metric has recorded a gain of 23.40%.However, over the last six months, we can see a weaker performance of 40.50%. Over the last 30 days, the price of SCCO has leaped by -3.88%. And in the last five days, it has fallen by -2.10%.

At present, Southern Copper Corporation (SCCO) has a stock price of $74.52. In the previous session, the stock saw a rise, peaking at $77.90 after an opening price of $77.90. The day’s lowest price was $73.06, and it closed at $79.04.

In terms of market performance, Southern Copper Corporation had a fairly even. The highest value for the stock in the past year was $82.05 on 04/19/23, and the lowest value was recorded at $42.42 on 09/26/22.

52-week price history of SCCO Stock

Examining the 52-week high and low prices can provide valuable insights into a stock’s current status and future performance. Southern Copper Corporation’s current trading price is -9.18% away from its 52-week high, while its distance from the 52-week low is 75.67%. The stock’s price range during this time has been between $42.42 and $82.05. The trading volume for the Basic Materials sector company’s shares reached about 2.27 million for the day, which was higher than the average daily volume of 1.17 million over the last three months.

Market Capitalization vs. Financial Performance: A Comparative Study

Southern Copper Corporation (SCCO) has experienced a quarterly rise of 0.13% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 54.51B and boasts a workforce of 15018 employees.

Southern Copper Corporation: Analysts’ Ratings Unveiled

As of right now, 2 analysts are rating Southern Copper Corporation as a BUY, 0 of the polled analysts branded the stock as an OVERWEIGHT, 8 analysts are recommending to HOLD this stock, 1 of them gave the stock UNDERWEIGHT rating, and 6 analysts are rating the stock as SELL.

Combining Moving Average and Trading Volume Data for Better Market Insight

Based on Barchart.com data, the company’s moving average over the 100-day period was 73.08, with a change in price of +13.23. Similarly, Southern Copper Corporation recorded 1,270,011 in trading volume during the last 100 days, posting a change of +21.59%.

SCCO’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look

The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for SCCO stands at 0.00. Similarly, the long-term debt-to-equity ratio is also 0.77.

SCCO Stock Stochastic Average

Today, Southern Copper Corporation’s raw stochastic average for the past 50 days stands at 51.67%, indicating a rise from the raw stochastic average of the last 20 days, which was 16.24%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 46.94% and 52.42% respectively.

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White House Prepares For “Serious Scrutiny” Of Nippon-US Steel Deal

White House Prepares For "Serious Scrutiny" Of Nippon-US Steel Deal

National Economic Adviser Lael Brainard published a statement Thursday…

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Students and families will see a redesigned FAFSA this year. Here’s how to fill it out.

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Dolly Varden consolidates Big Bulk copper-gold porphyry by acquiring southern-portion claims – Richard Mills

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Dolly Varden Silver’s (TSXV:DV, OTCQX:DOLLF) stock price shot up 16 cents for a gain of 20% Thursday, after announcing a consolidation of…

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