3M Company (MMM) Shares are Up 0.95%

3M Company (MMM) has been under a strong bear grip, hence the stock is down -1.64% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 0.9% in the past 1 week. The stock has risen by 0.95% in the past week indicating that the buyers are active at lower levels, but the stock is down -0.62% in the past 4 weeks.

The stock has recorded a 20-day Moving Average of 0.54% and the 50-Day Moving Average is 3%. 3M Company (NYSE:MMM): On Fridays trading session , Opening price of the stock was $181.47 with an intraday high of $181.47. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $179.9. However, the stock managed to close at $180.27, a loss of 0.40% for the day. On the previous day, the stock had closed at $181. The total traded volume of the day was 1,232,856 shares.


The company Insiders own 0.58% of 3M Company shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -29.89% . Institutional Investors own 65.46% of 3M Company shares. During last six month period, the net percent change held by insiders has seen a change of -16.58%.

3M Company is a diversified technology company. The Company operates in five business segments: Industrial, which serves a range of markets, such as automotive original equipment manufacturer (OEM) and automotive aftermarket, electronics, appliance, paper and printing, packaging, food and beverage, and construction; Safety and Graphics, which serves a range of markets for the safety, security and productivity of people, facilities and systems; Electronics and Energy, which serves customers in electronics and energy markets, including solutions for electronic devices, telecommunications networks, electrical products, power generation and distribution, and infrastructure protection; Health Care, which serves markets that include medical clinics and hospitals, pharmaceuticals, dental and orthodontic practitioners, and health information systems, and Consumer, which serves markets that include consumer retail, office retail, home improvement, building maintenance and other markets.

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