Stock price performance of 3M Company is analyzed for various periods using several stock trading signals. The stock price have dropped -0.02% in the past 12 Weeks but analyzing the 6 month chart of the stock, the price of the stock has managed to drop negative and it has dropped down to -2.54% . Looking at the past 52 week period, the stock price is up at 14.06% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of 3M Company has a positive value of 7.17 compared to overall market. Company shares have received an average consensus rating of Hold for the current week The stock has recorded a 20-day Moving Average of 0.15% and the 50-Day Moving Average is 0.8%.The 200 Day SMA reached 2.92%
3M Company is having a Relative Strength Index of 45.13 which indicates the stock is not yet over sold or over bought based on the technical indicators. 3M Company (NYSE:MMM) has tumbled 1.37% during the past week and has dropped 1.79% in the last 4 week period. The stocks are negative as compared to the S&P 500 for the past week with a loss of 1.49%. 3M Company (NYSE:MMM) has underperformed the index by 2.66% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
Company has reported several Insider transactions to the SEC, on Dec 14, 2016, Michael F Roman (Executive Vice President) sold 4,036 shares at 180.00 per share price.On Dec 8, 2016, Eric D. Hammes (VP, Corp Controller & CAO) sold 436 shares at 174.00 per share price.On Nov 18, 2016, Julie L Bushman (Senior Vice President) sold 10,424 shares at 173.01 per share price.
3M Co Last issued its quarterly earnings results on Jan 24, 2017. The company reported $1.88 EPS for the quarter, beating the analyst consensus estimate by $ 0.01. Analyst had a consensus of $1.87. The company had revenue of $7329.00 million for the quarter, compared to analysts expectations of $7338.29 million. The companys revenue was up .4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.80 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Company shares were Reiterated by Stifel on Jan 25, 2017 to Hold, Raises Price Target to $ 190 from a previous price target of $187 .Company shares were Reiterated by Stifel on Dec 14, 2016 to Hold, Raises Price Target to $ 186 from a previous price target of $175 .Company shares were Upgraded by RBC Capital Mkts on Dec 7, 2016 to Sector Perform, Raises Price Target to $ 171 from a previous price target of $155 .3M Co was Downgraded by Goldman to Sell on Nov 21, 2016.
3M Company (NYSE:MMM) : On Friday heightened volatility was witnessed in 3M Company (NYSE:MMM) which led to swings in the share price. The stock opened for trading at $174.02 and hit $175.3 on the upside , eventually ending the session at $175.04, with a gain of 0.49% or 0.86 points. The heightened volatility saw the trading volume jump to 2,820,960 shares. The 52-week high of the share price is $182.27 and the company has a market cap of $104,451 million. The 52-week low of the share price is at $148.96 .
3M Company is a diversified technology company with leading positions in consumer and office; display and graphics; electronics and telecommunications; health care; industrial; safety, security and protection services; transportation and other businesses. They are an integrated enterprise characterized by substantial intercompany cooperation in research, manufacturing and marketing of products.