3M Stocks – 3M Company (MMM) Rises 1.08% for February 05

Among the biggest risers on the S&P 500 on Friday February 05 was 3M Company ($MMM), popping some 1.08% to a price of $179.01 a share with
some 1.64 million shares trading hands.

Starting the day trading at $177.60, 3M Company reached an intraday high of $179.23 and hit intraday lows of $176.70. Shares gained $1.91 apiece by day’s end. Over the last 90
days, the stock’s average daily volume has been n/a of its 577.75 million share total float. Today’s action puts the stock’s 50-day SMA at $n/a and 200-day
SMA at $n/a with a 52-week range of $114.04 to $187.28.

3M is a multinational conglomerate that has operated since 1902 when it was known as Minnesota Mining and Manufacturing. The company is well-known for its research and development laboratory, and the firm leverages its science and technology across multiple product categories. As of 2019, 3M is organized into four business segments: safety and industrial, transportation and electronics, healthcare, and consumer. About 60% of the company’s revenue comes from outside the United States, with the safety and industrial segment constituting most of the firm’s net sales. Many of the company’s 55,000-plus products touch and concern a variety of consumers and end markets.

3M Company has its corporate headquarters located in St. Paul, MN and employs 96,163 people. Its market cap has now risen to $103.42 billion after today’s trading, its P/E
ratio is now n/a, its P/S n/a, P/B 8, and P/FCF n/a.

You can find a complete fundamental analysis of this stock at our For a complete fundamental analysis analysis of 3M Company, check out Stock Valuation Analysis tool for MMM.

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The Dow Jones Industrial Average (DJIA) is the most visible stock index in the United States, but that doesn’t make it the best. In fact, the industry standard for market watchers and institutional
investors in gauging portfolio performance is the S&P 500.

The DJIA relies on just 30 stocks as a sample of large- and mega-cap firms, dwarfed by the 500 contained in the S&P 500, and it also weights its returns using an outdated and flawed price-weighting
method. The S&P 500’s weighting is based on market cap, making it a much better representation of actual market performance for large- and mega-cap stocks.

To get more information on 3M Company and to follow the company’s latest updates, you can visit the company’s profile page here:
MMM’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s
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All data provided by QuoteMedia and was accurate as of 4:30PM ET.

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