Metro Inc Stock Price on April 18, 2024

MRU Stock  CAD 90.43  1.22  1.33%   
Below is the normalized historical share price chart for Metro Inc extending back to May 17, 1990. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Metro stands at 90.43, as last reported on the 23rd of December, with the highest price reaching 92.69 and the lowest price hitting 90.20 during the day.
200 Day MA
80.1195
50 Day MA
87.8674
Beta
0.074
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Metro Stock, it is important to understand the factors that can impact its price. As of now, Metro Stock is very steady. Metro Inc has Sharpe Ratio of 0.13, which conveys that the firm had a 0.13% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Metro, which you can use to evaluate the volatility of the firm. Please verify Metro's Risk Adjusted Performance of 0.1161, mean deviation of 0.6892, and Downside Deviation of 0.8937 to check out if the risk estimate we provide is consistent with the expected return of 0.12%.
  
At this time, Metro's Total Stockholder Equity is very stable compared to the past year. As of the 23rd of December 2024, Common Stock Shares Outstanding is likely to grow to about 234.1 M, while Other Stockholder Equity is likely to drop about 5.6 M. . At this time, Metro's Price To Sales Ratio is very stable compared to the past year. As of the 23rd of December 2024, Price To Free Cash Flows Ratio is likely to grow to 17.65, while Price Earnings Ratio is likely to drop 11.22. Metro Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1312

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Estimated Market Risk

 0.88
  actual daily
7
93% of assets are more volatile

Expected Return

 0.12
  actual daily
2
98% of assets have higher returns

Risk-Adjusted Return

 0.13
  actual daily
10
90% of assets perform better
Based on monthly moving average Metro is performing at about 10% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Metro by adding it to a well-diversified portfolio.
Price Book
2.8605
Enterprise Value Ebitda
12.2632
Price Sales
0.9406
Shares Float
222.1 M
Wall Street Target Price
91.6364

Metro Valuation on April 18, 2024

It is possible to determine the worth of Metro on a given historical date. On April 18, 2024 Metro was worth 69.69 at the beginning of the trading date compared to the closed value of 69.08. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Metro stock. Still, in general, we apply an absolute valuation method to find Metro's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Metro where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Metro's related companies.
 Open High Low Close Volume
  69.56    69.95    68.87    69.62    259,005  
04/18/2024
  69.69    69.71    68.67    69.08    339,474  
  69.10    69.52    68.56    68.82    192,347  
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Open Value
69.69
69.08
Closing Value
72.32
Upside

Metro Trading Date Momentum on April 18, 2024

On April 19 2024 Metro Inc was traded for  68.82  at the closing time. The maximum traded price for the trading interval was 69.52  and the lowest daily price was  68.56 . The daily volume was recorded at 192.3 K. The volume of trading on 19th of April 2024 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 0.38% . The trading delta at closing time to the closing price today is 1.45% .

Metro Inc Fundamentals Correlations and Trends

By evaluating Metro's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Metro's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Metro financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Metro Stock history

Metro investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Metro is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Metro Inc will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Metro stock prices may prove useful in developing a viable investing in Metro
Last ReportedProjected for Next Year
Common Stock Shares Outstanding225.8 M234.1 M
Net Income Applicable To Common Shares973 M856.6 M

Metro Quarterly Net Working Capital

220.3 Million

Metro Stock Technical Analysis

Metro technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Metro technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Metro trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Metro Period Price Range

Low
December 23, 2024
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High

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Metro Inc cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Metro December 23, 2024 Market Strength

Market strength indicators help investors to evaluate how Metro stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Metro shares will generate the highest return on investment. By undertsting and applying Metro stock market strength indicators, traders can identify Metro Inc entry and exit signals to maximize returns

Metro Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Metro's price direction in advance. Along with the technical and fundamental analysis of Metro Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Metro to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Other Information on Investing in Metro Stock

Metro financial ratios help investors to determine whether Metro Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Metro with respect to the benefits of owning Metro security.