One of the S&P 500’s big losers for Friday January 08 was Freeport-McMoRan Inc (FCX). The company’s stock fell 4.01% to $5.39 on volume of 29.3 million shares.
The stock opened the day at 5.67 and traded between a low of $5.36 and a high of $5.71. The stock finished the day down $0.225 per share. Freeport-McMoRan Inc has an average daily volume of 40.99 million and a total float of 1.16 billion shares. The 50-day SMA for Freeport-McMoRan Inc is $8.29 and its 200-day SMA is $13.88. The high for the stock over the last 52 weeks is $23.97 and the low is $5.43.
Freeport-McMoRan Inc, formerly Freeport-McMoRan Copper & Gold, deals in the mining of copper, gold and molybdenum.
Freeport-McMoRan Inc is centered in Phoenix, AZ, and has 35,000 employees. Today’s trading day leaves the company with a market cap of $6.22 billion. The company has a P/S ratio of n/a, P/B ratio of 0.57, and a -2.1.
For a complete fundamental analysis analysis of Freeport-McMoRan Inc, check out Equities.com’s Stock Valuation Analysis report for FCX. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.
The S&P 500 represents the industry standard for large-cap indices. While the Dow Jones Industrial Average (DJIA) may be the most visible stock market index in the country, the S&P 500 has long been relied on by industry insiders and fund managers as the more reliable gauge of portfolio performance.
While the DJIA is price-weighted and only includes 30 stocks, the S&P 500 uses a weighting system that factors in market cap and the size of a company’s free float while including some 500 stocks for a more comprehensive look at the broader markets’ performance. Its performance is far more representative of the large- and mega-cap stocks for any period of time.
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All data provided by QuoteMedia and was accurate as of 4:30PM ET.
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