Martin Marietta Materials’ Stock Performance Under the Spotlight
Martin Marietta Materials, a leading player in the materials industry, has seen its stock activity spark intense interest among investors and analysts. The company’s latest closing price of $538.6 USD has raised eyebrows, leaving many to wonder what’s behind this recent surge.
A closer look at the company’s historical data reveals a fascinating story. On November 5, 2024, Martin Marietta Materials achieved a 52-week high of $633.23 USD, a testament to its impressive growth and resilience. Conversely, the company hit a 52-week low of $490.05 USD on September 10, 2024, a stark reminder of the volatility that can affect even the most robust businesses.
To gain a deeper understanding of Martin Marietta Materials’ financial standing, let’s examine its valuation metrics. The company’s price-to-earnings ratio of 16.7 provides a glimpse into its profitability, while its price-to-book ratio of 3.59016 offers insight into its asset value. These metrics offer a crucial framework for investors to assess the company’s worth and potential for future growth.
Key Metrics at a Glance
- Last reported close price: $538.6 USD
- 52-week high: $633.23 USD (November 5, 2024)
- 52-week low: $490.05 USD (September 10, 2024)
- Price-to-earnings ratio: 16.7
- Price-to-book ratio: 3.59016