Major Drilling (Germany) Today

3MJ Stock  EUR 5.65  0.10  1.74%   

Performance

8 of 100

 
Weak
 
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OK

Odds Of Distress

Less than 10

 
High
 
Low
Low
Major Drilling is trading at 5.65 as of the 18th of December 2024. This is a 1.74 percent decrease since the beginning of the trading day. The stock's lowest day price was 5.65. Major Drilling has less than a 10 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading days. The performance scores are derived for the period starting the 19th of September 2024 and ending today, the 18th of December 2024. Click here to learn more.
Major Drilling Group International Inc. provides contract drilling services for mining and mineral exploration companies in Canada, the United States, Mexico, South America, Asia, Africa, and Europe. Major Drilling Group International Inc. was founded in 1980 and is headquartered in Moncton, Canada. The company has 82.87 M outstanding shares. More on Major Drilling Group

Moving against Major Stock

  0.74HVB STRA HannoverschePairCorr
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Follow Valuation Odds of Bankruptcy
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Major Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Major Drilling's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Major Drilling or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Thematic IdeaOil And Gas (View all Themes)
Business ConcentrationOil And Gas, Industrial Metals & Minerals, Basic Materials (View all Sectors)
Major Drilling Group (3MJ) is traded on Frankfurt Exchange in Germany and employs 7 people. The company currently falls under 'Small-Cap' category with a current market capitalization of 653.67 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Major Drilling's market, we take the total number of its shares issued and multiply it by Major Drilling's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Major Drilling Group classifies itself under Basic Materials sector and is part of Industrial Metals & Minerals industry. The entity has 82.87 M outstanding shares. Major Drilling Group has accumulated about 24.78 M in cash with 94.87 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.31.
Check Major Drilling Probability Of Bankruptcy
Ownership Allocation
Major Drilling Group maintains a total of 82.87 Million outstanding shares. The majority of Major Drilling outstanding shares are owned by institutional investors. These third-party entities are usually referred to as non-private investors looking to shop for positions in Major Drilling Group to benefit from reduced commissions. Consequently, institutional holders are subject to a different set of regulations than regular investors in Major Drilling Group. Please pay attention to any change in the institutional holdings of Major Drilling as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
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Major Drilling Group Risk Profiles

Although Major Drilling's alpha and beta are two of the key measurements used to evaluate Major Drilling's performance over the market, the standard measures of volatility play an important role as well.

Major Stock Against Markets

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Major Drilling Corporate Management

Elected by the shareholders, the Major Drilling's board of directors comprises two types of representatives: Major Drilling inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Major. The board's role is to monitor Major Drilling's management team and ensure that shareholders' interests are well served. Major Drilling's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Major Drilling's outside directors are responsible for providing unbiased perspectives on the board's policies.

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.