Should You Hold Freeport-McMoRan Inc (FCX) Stock Wednesday Morning?

Wednesday, March 13, 2024 08:21 AM | InvestorsObserver Analysts

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Should You Hold Freeport-McMoRan Inc (FCX) Stock Wednesday Morning?

Freeport-McMoRan Inc (FCX [2]) has gained Wednesday morning, with the stock rising 1.51% in pre-market trading to 40.97. FCX's short-term technical score of 41 indicates that the stock has traded less bullishly over the last month than 59% of stocks on the market. In the Copper industry, which ranks 126 out of 146 industries, Freeport-McMoRan Inc ranks higher than 50% of stocks.

Freeport-McMoRan Inc has risen 8.03% over the past month, closing at £37.20 on February 14. During this period of time, the stock fell as low as £37.12 and as high as £40.67. FCX has an average analyst recommendation of Buy.

The company has an average price target of £46.65.

FCX has an Overall Score of 38. Find out what this means to you and get the rest of the rankings on FCX!Freeport-McMoRan Inc has a Long-Term Technical rank of 50. This means that trading over the last 200 trading days has placed the company in the middle with 50% of the market scoring higher.

In the Copper industry which is number 61 by this metric, FCX ranks better than 61% of stocks.

Important Dates for Investors in FCX:

-Freeport-McMoRan Inc is set to release earnings on 2024-04-19. Over the last 12 months, the company has reported EPS of £1.28. -We do not have a set dividend date for Freeport-McMoRan Inc at this time. Click Here To Get The Full Report on Freeport-McMoRan Inc (FCX)[3]

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References

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^ FCX (www.investorsobserver.com)
^ Click Here To Get The Full Report on Freeport-McMoRan Inc (FCX) (www.investorsobserver.com)