Major Drilling Group Stock Price History

MDI Stock  CAD 8.43  0.16  1.86%   
Below is the normalized historical share price chart for Major Drilling Group extending back to March 10, 1995. 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 Major Drilling stands at 8.43, as last reported on the 2nd of December, with the highest price reaching 8.58 and the lowest price hitting 8.36 during the day.
200 Day MA
8.9146
50 Day MA
8.4822
Beta
1.604
 
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Yuan Drop
 
Covid
If you're considering investing in Major Stock, it is important to understand the factors that can impact its price. Major Drilling Group has Sharpe Ratio of -0.0183, which conveys that the firm had a -0.0183% return per unit of risk over the last 3 months. Major Drilling exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Major Drilling's Mean Deviation of 1.85, risk adjusted performance of (0.02), and Standard Deviation of 2.69 to check out the risk estimate we provide.
  
At this time, Major Drilling's Common Stock is very stable compared to the past year. As of the 2nd of December 2024, Capital Stock is likely to grow to about 278.6 M, while Total Stockholder Equity is likely to drop about 315 M. . At this time, Major Drilling's Price Earnings Ratio is very stable compared to the past year. As of the 2nd of December 2024, Price To Operating Cash Flows Ratio is likely to grow to 7.38, while Price To Sales Ratio is likely to drop 0.98. Major Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0183

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Estimated Market Risk

 2.64
  actual daily
23
77% of assets are more volatile

Expected Return

 -0.05
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.02
  actual daily
0
Most of other assets perform better
Based on monthly moving average Major Drilling is not performing at its full potential. However, 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 Major Drilling by adding Major Drilling to a well-diversified portfolio.
Price Book
1.3709
Enterprise Value Ebitda
5.2748
Price Sales
1.0074
Shares Float
73.2 M
Wall Street Target Price
13.75

Major Drilling Stock Price History Chart

There are several ways to analyze Major Stock price data. The simplest method is using a basic Major candlestick price chart, which shows Major Drilling price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceNovember 7, 20249.08
Lowest PriceSeptember 10, 20247.29

Major Drilling December 2, 2024 Stock Price Synopsis

Various analyses of Major Drilling's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Major Stock. It can be used to describe the percentage change in the price of Major Drilling from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Major Stock.
Major Drilling Price Daily Balance Of Power(0.73)
Major Drilling Accumulation Distribution 931.05 
Major Drilling Price Action Indicator(0.12)
Major Drilling Price Rate Of Daily Change 0.98 

Major Drilling December 2, 2024 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in Major Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Major Drilling intraday prices and daily technical indicators to check the level of noise trading in Major Stock and then apply it to test your longer-term investment strategies against Major.

Major Stock Price History Data

The price series of Major Drilling for the period between Tue, Sep 3, 2024 and Mon, Dec 2, 2024 has a statistical range of 2.18 with a coefficient of variation of 5.03. The daily prices for the period are spread out with arithmetic mean of 8.42. The median price for the last 90 days is 8.44. The company underwent 3:1 stock split on 21st of March 2011. Major Drilling Group issued dividends to stockholders on 2015-10-07.
OpenHighLowCloseVolume
12/02/2024 8.58  8.58  8.36  8.43  36,311 
11/29/2024 8.51  8.59  8.43  8.59  33,791 
11/28/2024 8.32  8.47  8.31  8.31  50,910 
11/27/2024 8.57  8.68  8.41  8.51  43,886 
11/26/2024 8.66  8.67  8.52  8.57  54,479 
11/25/2024 8.70  8.85  8.53  8.58  204,305 
11/22/2024 8.68  8.86  8.64  8.79  43,325 
11/21/2024 8.70  8.73  8.58  8.66  58,975 
11/20/2024 8.65  8.79  8.64  8.70  63,731 
11/19/2024 8.58  8.58  8.45  8.53  30,438 
11/18/2024 8.42  8.60  8.42  8.60  27,541 
11/15/2024 8.40  8.52  8.26  8.36  49,225 
11/14/2024 8.26  8.44  8.26  8.40  82,200 
11/13/2024 8.59  8.59  8.25  8.28  79,824 
11/12/2024 8.61  8.63  8.40  8.46  73,071 
11/11/2024 8.69  8.85  8.57  8.66  52,858 
11/08/2024 9.03  9.05  8.78  8.85  41,403 
11/07/2024 8.98  9.28  8.90  9.08  107,769 
11/06/2024 8.86  9.01  8.59  8.91  180,369 
11/05/2024 8.63  8.86  8.45  8.84  157,572 
11/04/2024 8.32  8.32  8.11  8.15  38,270 
11/01/2024 8.34  8.43  8.28  8.30  42,771 
10/31/2024 8.46  8.48  8.11  8.38  114,281 
10/30/2024 8.55  8.57  8.39  8.47  32,054 
10/29/2024 8.35  8.57  8.33  8.51  76,534 
10/28/2024 8.65  8.66  8.31  8.43  82,228 
10/25/2024 8.69  8.75  8.58  8.67  66,662 
10/24/2024 8.60  8.76  8.31  8.65  189,822 
10/23/2024 8.46  8.65  8.44  8.48  90,498 
10/22/2024 8.45  8.72  8.45  8.57  59,659 
10/21/2024 8.90  8.90  8.53  8.60  42,825 
10/18/2024 8.58  8.85  8.51  8.82  92,251 
10/17/2024 8.64  8.64  8.47  8.57  63,434 
10/16/2024 8.53  8.59  8.42  8.44  74,026 
10/15/2024 8.31  8.53  8.26  8.52  43,277 
10/11/2024 8.30  8.53  8.30  8.50  50,090 
10/10/2024 8.21  8.46  8.12  8.40  112,943 
10/09/2024 8.10  8.24  8.08  8.20  40,452 
10/08/2024 8.21  8.21  8.00  8.15  87,116 
10/07/2024 8.15  8.26  8.08  8.24  64,453 
10/04/2024 8.29  8.29  8.09  8.19  61,319 
10/03/2024 8.20  8.34  8.08  8.13  73,936 
10/02/2024 8.42  8.48  8.20  8.26  85,381 
10/01/2024 8.37  8.46  8.25  8.42  42,928 
09/30/2024 8.39  8.50  8.31  8.37  84,270 
09/27/2024 8.44  8.51  8.39  8.50  126,698 
09/26/2024 8.42  8.60  8.40  8.43  109,653 
09/25/2024 8.42  8.42  8.30  8.30  14,346 
09/24/2024 8.29  8.44  8.18  8.44  85,611 
09/23/2024 8.18  8.23  8.08  8.17  85,000 
09/20/2024 8.07  8.21  8.07  8.17  117,930 
09/19/2024 7.97  8.15  7.97  8.09  121,900 
09/18/2024 7.86  7.95  7.65  7.82  128,505 
09/17/2024 7.84  8.01  7.77  7.85  112,588 
09/16/2024 7.98  8.04  7.73  7.84  76,334 
09/13/2024 7.96  8.17  7.91  8.00  100,058 
09/12/2024 7.56  7.98  7.52  7.96  157,119 
09/11/2024 7.14  7.52  6.98  7.52  174,339 
09/10/2024 7.48  7.48  7.13  7.29  167,507 
09/09/2024 7.55  7.70  7.42  7.47  160,391 
09/06/2024 8.17  8.17  7.50  7.62  282,303 

About Major Drilling Stock history

Major Drilling 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 Major is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Major Drilling Group 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 Major Drilling stock prices may prove useful in developing a viable investing in Major Drilling
Last ReportedProjected for Next Year
Common Stock Shares Outstanding82.5 M72.1 M
Net Income Applicable To Common Shares86.2 M90.5 M

Major Drilling Quarterly Net Working Capital

236.32 Million

Major Drilling Stock Technical Analysis

Major Drilling 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 Major Drilling technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Major Drilling 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...

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Major Drilling Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Major Drilling's price direction in advance. Along with the technical and fundamental analysis of Major Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Major 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 Major Stock

Major Drilling financial ratios help investors to determine whether Major 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 Major with respect to the benefits of owning Major Drilling security.