Published on 18 May 2023 on Zacks via Yahoo Finance
Martin Marietta (MLM) Reaches 52-Week High: Pricing Strong
Martin Marietta Materials, Inc. MLM touched a new 52-week high of $407.78 on May 17, 2023. The stock pulled back to end the trading session at $407.37, up 1.22% from the previous day’s closing price of $402.47.The company has been benefiting from solid pricing across businesses amid low volume. Also, the solid execution of its strategic business plan and resilient aggregate-led business is a major contributor.
Stock Performance
Martin Marietta’s stock has gained 14.2% in the past month compared with the Zacks Building Products - Concrete and Aggregates industry’s 12.4% growth and the Zacks Construction sector’s 1.7% rise, and against the S&P 500 Index’s 0.4% fall.