A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. The metric has seen a significant gain of 43.57% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 74.51%. Over the past 30 days, the price of MU has fallen by 30.12%. And in the last five days, it has fallen by -0.86%.
Micron Technology Inc. ‘s stock market performance has been somewhat predictable. The company’s stock reached a 1-year high price of $130.54 on 04/04/24, while the lowest value for the same period was recorded at $58.03 on 04/25/23.
52-week price history of MU Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Micron Technology Inc.’s current trading price is -6.15% away from its 52-week high, while its distance from the 52-week low is 111.13%. The stock’s price range during this period has varied between$58.03 and $130.54. The Micron Technology Inc.’s shares, which operate in the Technology, saw a trading volume of around 24.58 million for the day, a figure considerably higher than their average daily volume of 21.07 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Micron Technology Inc. (MU) has experienced a quarterly rise of 46.92% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 135.67B and boasts a workforce of 43000 employees.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 90.59, with a change in price of +45.85. Similarly, Micron Technology Inc. recorded 18,680,047 in trading volume during the last 100 days, posting a change of +59.80%.
MU’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for MU stands at 0.33. Similarly, the long-term debt-to-equity ratio is also 0.32.
MU Stock Stochastic Average
Micron Technology Inc.’s raw stochastic average for the past 50 days is presently 84.39%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 79.71%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 83.81% and 82.69%, respectively.
